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How do I complete the Cash Flow portion to this problem? The choices for the dropdown boxes are: Acquisition of Land Collections from customers Owner
How do I complete the Cash Flow portion to this problem?
The choices for the dropdown boxes are:
Acquisition of Land
Collections from customers
Owner Contributions
Owner withdrawals
Purchase of equipment
To employees
To suppliers
Amanda Pantaine, Attorney Statement of Cash Flows Month Ended March 31, 2018 More Info Cash flows from operating activities Receipts: Mar. 1 Sold personal investment in Amazon.com stock, which she had owned for several years, receiving $36,000 cash 2 Deposited the $36,000 cash from the sale of the Amazon.com stock in her personal bank account. 3 Deposited $72,000 cash in a new business bank account titled Payments: Amanda Pantaine, Attorney. The business gave capital to Pantaine. 5 Paid $550 cash for ink cartridges for the printer 7 Purchased computer for the law office, agreeing to pay the account, Net cash provided (used) by operating activities $6,500, within three months 9 Received $3,500 cash from customers for services rendered. 15 Received bill from The Lawyer for magazine subscription, $390. (Use Cash flows from investing activities: Miscellaneous Expense account.) 23 Finished court hearings on behalf of a client and submitted a bill for legal services, $12,000, on account. 28 Paid bill from The Lawyer 30 Paid utilities, $800 31 Received $3,100 cash from clients billed on March 23 31 Pantaine withdrew cash of $4.000 Net cash provided (used) by investing activities Cash flows from financing activities Print Done Net cash provided (used) by financing activities Net increase (decrease) in cash Cash balance, March 1, 2018 Cash balance, March 31, 2018
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