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I need help asap please Reg 1 and 2 Reg 3 00:40:02 For each transaction, determine the amount of cash flows. If cash is involved
I need help asap please
Reg 1 and 2 Reg 3 00:40:02 For each transaction, determine the amount of cash flows. If cash is involved in the transaction, indicate whether White cloud should classify it as operating, investing, or financing in a statement of cash flows. Calculate net cash flows for the year. (Enter N/A if the question is not applicable to the statement. List cash outflows as negative amounts.) Transaction Cash Flows Operating, Investing or Financing Issue common stock for cash, $48,000. Purchase building and land with cash. $33,000 Provide services to customers on account, $6.800 Pay utilities on building. $900. Collect $4.800 on account from customers Pay employee salaries, $8,800 Pay dividends to stockholders $3,800 Net cash flows for the year Het Reg 3 > Requ 1.82. For each transaction, determine the amount of cash flows. If cash is involved in the transaction indicate whether White cloud should classify it as operating, investing, or financing in a statement of cash flows. Calculate net cash flows for the year. 3. Assuming the balance of cash on January 1, 2024.equals $4,200, calculate the balance of cash on December 31, 2024 Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Assuming the balance of cash on January 1, 2024, equals $4,200, calculate the balance of cash on December 31, 2024. Cash balance Req 1 and 2 Step by Step Solution
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