An analysis of the Barty Battles businesss Cash account for October shows these entries: i Beginning cash

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An analysis of the Barty Battles business’s Cash account for October shows these entries:

i Beginning cash balance: $1600 ii Collections from customers: $43 000 iii Payment for purchase of storage shed: $19 000 iv Investment by owner: $10 000 v Payment to suppliers: $25 600 vi Collection of interest: $1200 vii Receipt from sale of equipment: $4200 viii Payments of employees’ salaries: $9000 ix Payment of interest on loan: $1400 x Ending cash balance: $5000.
Required:
Prepare the business’s cash flow statement for October.

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Accounting Information For Business Decisions Accounting

ISBN: 9780170446242

4th Edition

Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh

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