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Below is a summary of all the transactions of Sampson Consulting for the month of April 2021. $ 52,400 11,200 68,000 Cash Transactions Cash collections
Below is a summary of all the transactions of Sampson Consulting for the month of April 2021. $ 52,400 11,200 68,000 Cash Transactions Cash collections from: Customers Sale of unused office furniture Borrowing from the bank Cash payments for: Employee salaries Office building Utilities expense Office supplies Dividends to stockholders Advertising expense Noncash Transactions Services to customers on account Purchase supplies on account Issue note payable for equipment (22,700) (74,800) (3,000) (2,100) (4,600) (9,900) 11,900 5,400 23,100 Prepare a statement of cash flows for the month of April, properly classifying each of the transactions into operating, investing, and financing activities. The cash balance at the beginning of April is $15,700. (Amounts to be deducted and cash outflows should be indicated with a minus sign.) SAMPSON CONSULTING Statement of Cash Flows For the month ended April 30, 2021 Cash Flows from Operating Activities Cash inflows: Cash outflows: 0 Net cash flows from operating activities Cash Flows from Investing Activities 0 Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities 0 Cash at the beginning of the month Cash at the end of the month 0
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