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Below is a summary of all transactions of Pixar Toy Manufacturing for the month of August 2021. $ 92,700 35,200 25,200 Cash Transactions Cash collections
Below is a summary of all transactions of Pixar Toy Manufacturing for the month of August 2021. $ 92,700 35,200 25,200 Cash Transactions Cash collections from: Customers Sale of unused warehouse Bank borrowing Cash payments for: Employee salaries Office rent Manufacturing equipment Office utilities Dividends to stockholders Materials to make toys Noncash Transactions Sales to customers on account Purchase of materials on account Purchase equipment with promissory note to pay later (64,500) (18,200) (44,400) (11,000) (5,100) (26,900) 15,600 13, 100 17,700 Required: Prepare a statement of cash flows for the month of August 2021, properly classifying each of the transactions into operating, investing, and financing activities. The cash balance at the beginning of August is $24,700. (List cash outflows and decrease in cash as negative amounts.) (5,100) (26,900) Payment of dividends For materials to make toys Net cash flows from operating activities Cash Flows from Investing Activities $ (17,000) 0 Net cash flows from investing activities Cash Flows from Financing Activities 0 Net cash flows from financing activities Net decrease in cash Cash at the beginning of the month Cash at the end of the month 24,700 24,700 $
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