The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The capital of the owner was $180,000 at April 1, the beginning of the current year. Mr. Thompson invested an additional $25,000 in the business during the year.

-A summary of cash flows for Linda's Design Services for the year ended December 31 is shown below. Prepare a statement of cash flows for Linda's Design Services for the year ended December 31.

Question

The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The capital of the owner was $180,000 at April 1, the beginning of the current year. Mr. Thompson invested an additional $25,000 in the business during the year.
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-A summary of cash flows for Linda's Design Services for the year ended December 31 is shown below.​  ​  Prepare a statement of cash flows for Linda's Design Services for the year ended December 31.​

Quizplus · Accepted Answer

The Answer of The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The capital of the owner was $180,000 at April 1, the beginning of the current year. Mr. Thompson invested an additional $25,000 in the business during the year.
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-A summary of cash flows for Linda's Design Services for the year ended December 31 is shown below.​  ​  Prepare a statement of cash flows for Linda's Design Services for the year ended December 31.​

The Assets and Liabilities of Thompson Computer Services at March