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I need help preparing a statement of cash Flows for the month ended December 31, 2016 from the provided information. I need to each section
I need help preparing a statement of cash Flows for the month ended December 31, 2016 from the provided information. I need to each section of the statement. i need to enter the account balances and calculate ending balances and enter decreases in cash with a minus sign or parentheses .
Cash balance, December 1, 2016 is $18,900 Transactions Dec 1 The owner contributed an additional $7,800 cash to the business in exchange for capital 7 Purchased equipment for $1,700 on account 14 Paid $20,000 cash for land. 17 Paid cash expenses: office rent, $1,400; employees' salaries, $1.500; utilities. $60. 23 The owner withdrew $2,300, 26 Earned service revenue for the month $5.000, receiving cash. Cash flows from Receipts: Payments: Net cash provided (used) by Cash flows from Net cash provided (used) by Cash flows from Net cash provided (used) by Net increase (decrease) in cash Cash balance, December 1, 2016 Cash balance, December 31, 2016
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