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5) Below is the data for Misfit Company which specializes in the sale of previously owned clothing for the month ended July 31, 2016. Prepare
5) Below is the data for Misfit Company which specializes in the sale of previously owned clothing for the month ended July 31, 2016. Prepare a cash flow statement in good form. $ $ $ $ Inc(Dec) in accounts payables Dividends paid (Inc) Decin inventory Redemption of Bonds Depreciation Purchase of investments (Gain) Loss on sale of PPE Purchase of equipment (Inc) Decin receivables Sale of Equipment Net Income (loss) Inc(Dec) accrued liabilities Sale of common stock 44,700 (40,350) (17,050) (40,000) 46,500 (29,000) 7,500 (85,000) (59,800) 1,500 158,900 (500) 45,000 $ $ $ $ $
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