Financial Statements

Smokey Company
 
Smokey Company
Financial Statement #1
 
Financial Statement #2
For the Year Ended December 31, 2021
 
For the Year Ended December 31, 2021
     
Revenues
$741,000 
 Owner’s Capital, Jan. 1
$103,000 
Less Expenses
601,000 
 Plus: Owner Investments
10,000 
Net Income
$140,000 
 Plus: Net Income
140,000 
   Less: Owner Withdrawals
(90,000)
   Owner’s Capital, Dec. 31
$163,000 

Smokey Company
 
Smokey Company
Financial Statement #3
 
Financial Statement #4
As of December 31, 2021
 
For the Year Ended December 31, 2021
     
Assets
$302,000 
 Cash Flows from Operations
$13,000 
   Cash Flows from 
         Investing Activities
8,000 
Liabilities
$139,000 
 Cash Flows from  
Owner’s Capital
163,000 
       Financing Activities
(9,000)
Total Liabilities and Capital
$302,000 
 Net Change in Cash
$12,000 
   Cash Balance at Jan. 1, 2021
31,000 
   Cash Balance at Dec. 31, 2021
$43,000 

Financial Statements - Which of the above presents the information found on a balance sheet?




Question 1 of 27