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I need help preparing the statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. I
I need help preparing the statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. I Then need to enter the account balances and calculate ending balances & enter the decreases in cash with a minus sign or parentheses
Cash balance, December 1, 2016 is $18,200 Transactions Dec. 1 The owner contributed an additional $8,000 cash to the business in exchange for capital Purchased equipment for $2,000 on account 14 Paid $19,900 cash for land. 17 Paid cash expenses: office rent, $1,600; employees salaries, $1,500; utilities, $100 23 The owner withdrew $2,300 26 Earned service revenue for the month, $4,900, 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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