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help me solve this A summary of cash flows for Sentinel Travel Service for the year ended August 31, 2019, follows: Cash receipts: Cash received
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A summary of cash flows for Sentinel Travel Service for the year ended August 31, 2019, follows: Cash receipts: Cash received from customers $734,000 Cash received from additional investment of owner 36,000 Cash payments: Cash paid for operating expenses 745,600 Cash paid for land 50,000 Cash paid to owner for personal use 20,000 The cash balance as of September 1, 2019, was $89,000. Prepare a statement of cash flows for Sentinel Travel Service for the year ended August 31, 2019 Step by Step Solution
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