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I need help with 12-20 Use the following to answer questions 12-15 Transaction Cash involved? (Yes or No) Type of CASH FLOW Operating, Investing, Financing,
I need help with 12-20
Use the following to answer questions 12-15 Transaction Cash involved? (Yes or No) Type of CASH FLOW Operating, Investing, Financing, or None Use the first letter (O, I, F, N) 12. Borrowed money from the bank 13. Purchased supplies on account Sold an old warehouse no longer being used 14. 15. Paid workers for the work they performed Use the following to answer questions 16 - 20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction A Cash used for payment of employee salaries $256,000 Cash provided from sale of equipment that had been used in operations 100,000 1,500 175,000 Cash used for purchase of office supplies Cash used for purchase of office equipment Cash used to pay office utilities Cash used for payment of office rent E 21,000 18,000 Cash provided from consulting customers 425,000 H Cash provided from long-term borrowing 125,000 75,000 Cash used to pay the bank for a loan due this month Purchase of company vehicle paying 3/10 cash and borrowing the rest. 45,000 16. $___ _Refer to transaction J, how much should be included in cash used from investing activities? 17. $ _Determine the net cash flows from operating activities (include if needed) 18. $. _Determine the net cash flows from investing activities (include "_" if needed) 19. $ _Determine the net cash flows from financing activities (include if needed) 20. $ How much did cash change over the yearStep by Step Solution
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