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Given the following information, what is this month's Cash Flow from Operations? The company paid $5,512 for a 6- month insurance policy. The company paid
Given the following information, what is this month's Cash Flow from Operations? The company paid $5,512 for a 6- month insurance policy. The company paid $37,648 for a new truck. The company paid $47,643 for salaries this month. The company received $42,061 for services provided to customers who paid cash. The company received $58,877 for services provided to customers last month who had paid on account. The company performed $88,264 worth of services to customers who paid on account. b) On January 1st, Wayne Enterprises purchased a 6- month insurance policy for the company car for $3,000. (This transaction was already recorded at the time). On January 31st, the company must complete the adjusting process to record the expiration of insurance. Balance Sheet Jan 31 Balance *b* Cash 10,000 [A] Prepaid Insurance Supplies 3,000 1,000 [B] Notes Payable Common Stock 5,000 5,000 [D] Income Statement *b* D] Retained Earnings 4,000 [G] Cash Flows *b* [H] [K] If a spot does not need to be filled, type "leave blank" as your
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