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Cash balance, December 1 2016 is $18,600Transaction December 1. Common stock was issued to stockholders for 8,000 cash 7. Purchase equipment for 1,900 on account.

Cash balance, December 1 2016 is $18,600Transaction December 1. Common stock was issued to stockholders for 8,000 cash 7. Purchase equipment for 1,900 on account. 14. Paid $20,000 cash for land.17. Paid cash expenses office rent, $1400 employees salaries $1300; utilities $30023. Paid cash dividends of $230026. Earned service revenue for the month, $4900, received cash

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px?homeworkld=659875273&back=DoAssignments.aspx porations - Google Chrome g.com/activity/8/4/2 SMART TOUCH LEARNING Statement of Cash Flows Month Ended December 31, 2016 Cash flows from operating activities Receipts: Collections from customers 4900 Payments: For rent -1400 For salaries -1300 For utilities

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