Question
1.Use the following information to construct a Cash Flow Statement. a.Decrease in inventory$10,000 b.Increase in accounts receivable$37,000 c.Depreciation$5,000 d.Decrease in accounts payable$15,000 e.Purchase of land$50,000
1.Use the following information to construct a Cash Flow Statement.
a.Decrease in inventory$10,000
b.Increase in accounts receivable$37,000
c.Depreciation$5,000
d.Decrease in accounts payable$15,000
e.Purchase of land$50,000
f.Gain on sale of equipment$17,100
g.Receipt of dividends$5,000
h.Loss on sale of bldg.$1,300
i.Payment of dividends$12,000
j.Beginning cash balance$39,900
k.Net Income$27,000
l.Sale of equipment $35,000
m.Purchase of equipment$117,000
n.Purchase of Treasury Stock$95,000
o.Issuance of Common Stock$110,000
p.Sale of Building$75,000
Tweekie, Inc. Cash Flow Statement
For the period ended 31 August 2021
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