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EXERCISE 2 . 1 1 Statement of Cash Flows 4 LO 2 - 6 During the month of October, current year, Weller Company had the

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EXERCISE 2.11 Statement of Cash Flows 4 LO2-6During the month of October, current year, Weller Company had the following transactions.a. Revenues of $14,400 were earned and received in cash.b. Bank loans of $3,600 were paid off.c. Equipment of $3,000 was purchased for cash.d. Expenses of $9,120 were paid.e. Additional shares of capital stock were sold for $9,000 cash.Assuming that the cash balance at the beginning of the month was $8,940, prepare a statement of cash flows that displays operating, investing, and financing activities and that reconciles the beginning and ending cash balances.
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