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Accounting - Prepare a statement of cash flows using the direct method. (Show amounts in the investing and financing sections that decrease cash flow with
Accounting - Prepare a statement of cash flows using the direct method. (Show amounts in the investing and financing sections that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
View Policies Current Attempt in Progress The following information is available for Whispering Winds Corp. for 2022. Cash used to purchase treasury stock $ 122,655 Cash dividends paid 55,590 Cash paid for interest 57,120 Net income 1,183,965 Sales revenue 2,045,100 Cash paid for taxes 252,450 Cash received from customers 1,443,555 Cash received from sale of building (at book value) 503,880 Cash paid for operating expenses 196,350 Beginning cash balance 28,050 Cash paid for goods and services 711,705 Cash received from issuing common stock 905,250 Cash paid to redeem bonds at maturity 510,000 Question 5 of 6 > -/5 Prepare a statement of cash flows using the direct mathod. (Show amounts in the investing and financing sections that decrease cash flow with either a-signes -15,000 or in parenthesises. (15,000 Whispering Winds Corp Statement of Cash Flows Direct Method Cash Flows From Operating Active Ceah Receipts from Customers Les Cash Payments For Goods and Services For Operating Egens For interest For Income Tees Cash Flows From Opening Activita Cash Flows From Investing Active Sale of Buliding Purchase of Equipment Net Cash Provided by investing Activities Cash Flow From Financing Aceites Isence of Common Stock Payment of Cash DMdend For interest Ceah Peld to Redes Bonds at Maturity Net Ceah Provided by Financing Activities Cash Flows from Financing AM Cash Beginning of Period Cash End of Period View Policies Current Attempt in Progress The following information is available for Whispering Winds Corp. for 2022. Cash used to purchase treasury stock $ 122,655 Cash dividends paid 55,590 Cash paid for interest 57,120 Net income 1,183,965 Sales revenue 2,045,100 Cash paid for taxes 252,450 Cash received from customers 1,443,555 Cash received from sale of building (at book value) 503,880 Cash paid for operating expenses 196,350 Beginning cash balance 28,050 Cash paid for goods and services 711,705 Cash received from issuing common stock 905,250 Cash paid to redeem bonds at maturity 510,000 Question 5 of 6 > -/5 Prepare a statement of cash flows using the direct mathod. (Show amounts in the investing and financing sections that decrease cash flow with either a-signes -15,000 or in parenthesises. (15,000 Whispering Winds Corp Statement of Cash Flows Direct Method Cash Flows From Operating Active Ceah Receipts from Customers Les Cash Payments For Goods and Services For Operating Egens For interest For Income Tees Cash Flows From Opening Activita Cash Flows From Investing Active Sale of Buliding Purchase of Equipment Net Cash Provided by investing Activities Cash Flow From Financing Aceites Isence of Common Stock Payment of Cash DMdend For interest Ceah Peld to Redes Bonds at Maturity Net Ceah Provided by Financing Activities Cash Flows from Financing AM Cash Beginning of Period Cash End of PeriodStep by Step Solution
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