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Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction and the balances after each transaction for August follow: Item Cash

Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction and the balances after each transaction for August follow:

Item Cash + Accounts Receivable + Supplies = Accounts Payable + Common Stock - Dividends + Fees Earned - Salaries Expense - Rent Expense - Auto Expense - Supplies Expense - Miscellaneous Expense
a. +26,860 +26,860
b. +2,340 +2,340
Bal. 26,860 2,340 2,340 26,860
c. +26,320 +26,320
Bal. 53,180 2,340 2,340 26,860 26,320
d. -7,300 -7,300
Bal. 45,880 2,340 2,340 26,860 26,320 -7,300
e. -1,130 -1,130
Bal. 44,750 2,340 1,210 26,860 26,320 -7,300
f. +18,500 +18,500
Bal. 44,750 18,500 2,340 1,210 26,860 44,820 -7,300
g. -5,100 -3,490 -1,610
Bal. 39,650 18,500 2,340 1,210 26,860 44,820 -7,300 -3,490 -1,610
h. -10,700 -10,700
Bal. 28,950 18,500 2,340 1,210 26,860 44,820 -10,700 -7,300 -3,490 -1,610
i. -1,300 -1,300
Bal. 28,950 18,500 1,040 1,210 26,860 44,820 -10,700 -7,300 -3,490 -1,300 -1,610
j. -6,700 -6,700
Bal. 22,250 18,500 1,040 1,210 26,860 -6,700 44,820 -10,700 -7,300 -3,490 -1,300 -1,610

4. Prepare a statement of cash flows for the month ending August 31, 20Y1. If an amount box does not require an entry, leave it blank. Use the minus sign to indicate cash outflows, cash payments, and decreases in cash.

Line Item Description Amount Amount
Cash flows from (used for) operating activities:
Cash paid for dividendsCash paid for purchase of landCash received from customersCash received from issuing additional common stockCash received from customers $Cash received from customers
Cash received from issuing additional common stockCash paid for purchase of landCash paid for dividendsCash paid for expenses and to creditorsCash paid for expenses and to creditors Cash paid for expenses and to creditors
Net cash flows from operating activitiesNet cash flows used for operating activitiesNet cash flows from operating activities $Net cash flows from operating activities
Cash flows from (used for) investing activities: Cash flows from (used for) investing activities:
Cash flows from (used for) financing activities:
Cash paid for expenses and to creditorsCash paid for purchase of landCash received from customersCash received from issuing common stockCash received from issuing common stock $Cash received from issuing common stock
Cash paid for dividendsCash paid for expenses and to creditorsCash paid for purchase of landCash received from customersCash paid for dividends Cash paid for dividends
Net cash flows from financing activitiesNet cash flows used for financing activitiesNet cash flows from financing activities Net cash flows from financing activities
Net decrease in cashNet increase in cashNet increase in cash $Net increase in cash
Cash balance, August 1, 20Y1Cash balance, August 31, 20Y1Cash balance, August 1, 20Y1 blank Cash balance, August 1, 20Y1
Cash balance, August 1, 20Y1Cash balance, August 31, 20Y1Cash balance, August 31, 20Y1

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