A summary of cash flows for Webster Consulting Group for the year ended July 31, 2008, is
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A summary of cash flows for Webster Consulting Group for the year ended July 31, 2008, is shown below.
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Cash receipts: Cash received from customers $495,000 Cash received from additional issuance of capital stock 20,000 Cash payments: Cash paid for operating expenses 371,500 Cash paid for land...... 40,000 Cash paid for dividends 9,000 The cash balance as of August 1, 2007, was $46,750. Prepare a statement of cash flows for Webster Consulting Group for the year ended July 31, 2008.
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Related Book For
Financial Accounting
ISBN: 9780324380675
10th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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