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Cheese Factory Incorporated reported the following information for the fiscal year ended August 31, 2021. $152,000 Accounts Payable Accounts Receivable 22,000 82,000 89,000 100,000 11,000
Cheese Factory Incorporated reported the following information for the fiscal year ended August 31, 2021. $152,000 Accounts Payable Accounts Receivable 22,000 82,000 89,000 100,000 11,000 762,000 37,000 Cash (balance on September 1, 2020) Cash (balance on August 31, 2021) Common Stock Dividends Equipment Notes Payable Office Expense Prepaid Rent Retained Earnings (beginning) Salaries and Wages Expense Salaries and Wages Payable Sales Revenue Supplies Utilities Expense Other cash flow information: Additional investments by stockholders Cash paid to purchase equipment Cash paid to suppliers and employees Repayments of borrowings Cash received from customers Cash received from borrowings Dividends paid in cash 130,000 57,000 417,000 990,000 177,000 1,782,000 39,000 565,000 $ 42,000 51,000 1,512,000 162,000 1,696,000 5,000 11,000 4. Prepare a statement of cash flows for the fiscal year ended August 31, 2021. (Cash outflows should be entered as negative amounts.) CHEESE FACTORY INCORPORATED Statement of Cash Flows Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities
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