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How do i calculate or find the Net cash provided by operating activities? Required Information [The following information applies to the questions displayed below) The
How do i calculate or find the Net cash provided by operating activities?
Required Information [The following information applies to the questions displayed below) The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2020, the last day of its fiscal year. The enterprise fund was established this year through a transfer from the General Fund Accounts payable Accounts receivable Accrued interest payable Accumulated depreciation Administrative and selling expenses Allowance for uncollectible accounts Capital assets Cash Charges for sales and services Cost of sales and services Depreciation expense Due from General Fund Interest expense Interest revenue Transfer in from General Fund Bank note payable Supplies Inventory Totals Debits Credits $ 181,000 5 25,300 28,300 45,500 47,500 12,100 706,000 90.100 551,00 494,000 45,50 17,100 40,200 5,700 115, 180 625) 200 18,200 $1,489,900 $1,483,900 Prepare the reconciliation of operating income to net cash provided by operating activities that would appear at the bottom of the December 31 Statement of Cash Flows. Recall that the beginning balance of all assets and abilities is zero. (Deductions should be entered as a negative amount.) Pray 14 !!! Next > VILLAGE OF SEA SIDE PINES $ (36.000) ENTERPRISE FUND Reconciliation of Operating Income to Net Cash Provided by Operating Activities For the Year Ended December 31, 2020 Operating Loss Adjustments: Depreciation Expense 45,500 Increase in Accounts ble 101.000 Increase in Accounts Receivable (net) (13,200) Increase in Receivables From Other Funds (17,100) Increase in Supplies (18,200) 98.000 90100 Net Cash Provided (Used) by Operating Activities Step by Step Solution
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