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3 Taube Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Amounts $37,000 Cash received from
3 Taube Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Amounts $37,000 Cash received from the bank for long-term loan 42,000 Cash paid to purchase factory equipment (47,000) 0.5 oints Skipped Cash paid to merchandise suppliers (11,400) Cash received from the sale of an unused warehouse Cash paid to workers 12,400 (23,400) Cash paid for advertisement (3,400) Cash received for sale of services to customers 27,000 Cash paid for dividends to stockholders (5,400) eBook References Assume the balance of cash at the beginning of the period is $4,400. Required: 1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the ending balance of cash. Ending balance Required 1 Required 2 > 3 ts Required 1 Required 2 Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign.) TAUBE TRADE Statement of Cash Flows Cash Flows from Operating Activities Cash inflows: Skipped eBook Cash outflows: References Mc Graw Hill Net cash flows from operating activities Cash Flows from Investing Activities $ 0 Net cash flows used in investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the year Cash at the end of the year 0 $ 0 0 < Prev 3 of 10 Next >
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