Statement of cash flows OBJ. 5 A summary of cash flows for Ousel Travel Service for the

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Statement of cash flows OBJ. 5 A summary of cash flows for Ousel Travel Service for the year ended November 30, 2016, follows:

Cash receipts:

Cash received from customers $1,465,000 Cash received from issuing common stock 50,000 Cash payments:

Cash paid for operating expenses 1,230,000 Cash paid for land 150,000 Cash paid as dividends 30,000 The cash balance as of December 1, 2015, was $203,000.

Prepare a statement of cash flows for Ousel Travel Service for the year ended November 30, 2016.

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Financial And Managerial Accounting

ISBN: 9781305267831,9781305267848

13th Edition

Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac

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Question Posted: Sep 20, 2024 12:00 AM

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Statement of cash flows OBJ. 5 A summary of cash flows for Ousel Travel Service for the

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Financial And Managerial Accounting

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