Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

instructions: Use the below bank account receipts and payments summary to create a statement of cash flows. Use the direct method and follow the format

image text in transcribed
image text in transcribed
instructions: Use the below bank account receipts and payments summary to create a statement of cash flows. Use the direct method and follow the format in your textbook, chapter 6 Payments Heceipts 10000 2.400 450 6500 Date Transaction with 1/120 Casa deposit to standes 171720 Three month's rent 1/1 20 Cash register paid for 11.20 Store future rider 10120 Receipts for sales in 2020 20 Widgets supplied in any paid for 205 20 Cash with for your own expens 2920 Receipts for sale in chruary 2020 31520 Widgets supplied in February paid for 31 Store utility charts for fan. Ish. Mar 2030 33:20 Receipts for sales March 2020 32120 Balance in bunk on March 2020 400 3.0 000 100 12.000 37.500 1221501 37.300 R + 19 Instrucuons: Use the below bank account receipts and payments summary to create a statement of cash flows. Use the direct method and follow the format in your textbook, chapter 6. Recepta 10,000 Payments 2,400 450 13.00 400 Date Transaction Description 1/120 Cash deposit to start business 1/1720 Three month's rent 1/1/20 Cash register paid for 1/1/20 Store fumiture paid far 131.20 Receipts for sale in Janury2020 27/20 Widgets supplied in January paid for 22520 Cash withdrwn for your own expenses 2920 Receipts for males in February 2030 3/15/20 Widgets supplied in February paid for 11020 Stocely charos for Jan Feb Mar 2020 3/31/20 Receipts for sales March 2020 33120 Balance in hunk on March 31st 2020 45.00 3,000 9.000 6,000 100 12,000 12.150 37,500 R + 19 instructions: Use the below bank account receipts and payments summary to create a statement of cash flows. Use the direct method and follow the format in your textbook, chapter 6 Payments Heceipts 10000 2.400 450 6500 Date Transaction with 1/120 Casa deposit to standes 171720 Three month's rent 1/1 20 Cash register paid for 11.20 Store future rider 10120 Receipts for sales in 2020 20 Widgets supplied in any paid for 205 20 Cash with for your own expens 2920 Receipts for sale in chruary 2020 31520 Widgets supplied in February paid for 31 Store utility charts for fan. Ish. Mar 2030 33:20 Receipts for sales March 2020 32120 Balance in bunk on March 2020 400 3.0 000 100 12.000 37.500 1221501 37.300 R + 19 Instrucuons: Use the below bank account receipts and payments summary to create a statement of cash flows. Use the direct method and follow the format in your textbook, chapter 6. Recepta 10,000 Payments 2,400 450 13.00 400 Date Transaction Description 1/120 Cash deposit to start business 1/1720 Three month's rent 1/1/20 Cash register paid for 1/1/20 Store fumiture paid far 131.20 Receipts for sale in Janury2020 27/20 Widgets supplied in January paid for 22520 Cash withdrwn for your own expenses 2920 Receipts for males in February 2030 3/15/20 Widgets supplied in February paid for 11020 Stocely charos for Jan Feb Mar 2020 3/31/20 Receipts for sales March 2020 33120 Balance in hunk on March 31st 2020 45.00 3,000 9.000 6,000 100 12,000 12.150 37,500 R + 19

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental Accounting Principles Volume II

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

16th Canadian edition

978-1260305838

Students also viewed these Accounting questions