Java Food Equipment Company had the following transactions for the month ending February 28, 2014. Javas cash
Question:
Java Food Equipment Company had the following transactions for the month Âending February 28, 2014. Java’s cash balance on February 1, 2014 was $ 13,750.
Prepare the statement of cash flows of Java Food Equipment Company for the month ended February 28,2014.
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Feb. 1 Common stocdk was issued to stockholders for $10,000 cash. 7 Purchased equlpment for $2,600 on account 14 Pald $15,000 cash for land. 17 Pald cash experses: employees' salartes, $800; offke rent, $1,000 23 Pald cash dividends of $2,000. 26 Earned service revenue for the month, $4,000, recelving cash. utilities, $250.
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Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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