Question
Cash Flow Statement Preparation (Direct Method): Category Amount ($) Cash from Operations 120,000 Cash from Investing (50,000) Cash from Financing 70,000 Beginning Cash Balance 40,000
- Cash Flow Statement Preparation (Direct Method):
Category | Amount ($) |
Cash from Operations | 120,000 |
Cash from Investing | (50,000) |
Cash from Financing | 70,000 |
Beginning Cash Balance | 40,000 |
Ending Cash Balance | - |
Prepare the cash flow statement using the direct method.
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
