A summary of cash flows for Up-in-the Travel Service for the year ended April 30, 20Y7, follows:
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A summary of cash flows for Up-in-the Travel Service for the year ended April 30, 20Y7, follows:
The cash balance as of May 1, 20Y6, was $175,000. Prepare a statement of cash flows for Adventure Travel Service for the year ended April 30, 20Y7.
Transcribed Image Text:
Cash receipts: Cash received from customers $1,803,000 Cash received from additional investment of owner 52,000 Cash payments: Cash paid for operating expenses Cash paid for land Cash paid to owner for personal use 1,479,000 347,000 34,000
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Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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