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Dakota company experienced the following events during 2018 1. acquired $30,000 cash from the issue of common stock. 2. paid $12,000 cash to purchase land.
Dakota company experienced the following events during 2018 1. acquired $30,000 cash from the issue of common stock. 2. paid $12,000 cash to purchase land. 3. borrowed $10,000 cash. 4. provides services for $20,000 cash 5. paid $1,000 cash for utilities expense 6. paid $15,000 cash for other operating expenses 7. paid a $2,000 cash dividend to the stockholders 8. determines that the market value of the land purchases in event 2 is now $12,700 why does Mackanp. Moode Getting Started Traditiona/CAPP, M.. Scholr ss Activity Saved DAKOTA COMPANY Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities Net cash flow from operating activities Cash flows from investing activities 0 Net cash flow from investing activities Cash flows from financing activities nces 0 Net cash flow from financing activities 0 Ending cash balance Req C Req B3 1 of 1
Dakota company experienced the following events during 2018
1. acquired $30,000 cash from the issue of common stock.
2. paid $12,000 cash to purchase land.
3. borrowed $10,000 cash.
4. provides services for $20,000 cash
5. paid $1,000 cash for utilities expense
6. paid $15,000 cash for other operating expenses
7. paid a $2,000 cash dividend to the stockholders
8. determines that the market value of the land purchases in event 2 is now $12,700
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