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answer 12-20 Use the following to answer questions 12-15 Transaction Cash Involved? (Yes or No) Type of CASH FLOW Operating, Investing Financing, or None 12
answer 12-20
Use the following to answer questions 12-15 Transaction Cash Involved? (Yes or No) Type of CASH FLOW Operating, Investing Financing, or None 12 Paid employees for their services to the company 13. Purchased new equipment to use in the business 14. Sold merchandise to customers on account 15. Issued common stock to stockholders Use the following to answer questions 16-20 Following are the transaction of CCT Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction A $500 B 2,200 15,400 D 250,000 E 75,000 Cash used for purchase of office supplies Cash used to pay office utilities Cash used for payment of employee salaries Cash provided from long-term borrowing Cash used to pay the bank for a loan due this month Cash provided from consulting customers Cash used for payment of office rent Cash used for purchase of office equipment Cash provided from sale of equipment that had been used in operations Purchase of company vehicle paying 30% cash and borrowing the rest. F 29,500 G 1,500 H 25,000 15,000 30,000 16. S. 17. S _Refer to transaction ), how much should be included in cash used from investing activities? Determine the cash flows from operating activities (include if needed) Determine the cash flows from investing activities (include if needed) 18. $ 19. $ Determine the cash flows from financing activities (include if needed) 20. $ How much did cash change over the year Step by Step Solution
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