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Need Help completing all parts Cash Flows from Operating Activities: Receipts: Collections from Customers Dividends Received on Investments Total Cash Receipts Payments: To Suppliers To
Need Help completing all parts
Cash Flows from Operating Activities: Receipts: Collections from Customers Dividends Received on Investments Total Cash Receipts Payments: To Suppliers To Employees For Income Tax For Interest Total Cash Payments Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Cash Payment for Acquisition of Plant Assets Cash Receipt from Sale of Land To Suppliers To Employees For Income Tax For Interest Total Cash Payments Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Cash Payment for Acquisition of Plant Assets Cash Receipt from Sale of Land Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Cash Receipt from Issuance of Common Stock Cash Payment of Notes Payable Cash Payment of Dividends Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, June 30, 2023 Cash Balance, June 30, 2024 a. Collections from customers are $17,000 more than sales. b. Dividend revenue, interest expense, and income tax expense equal their cash amounts. c. Payments to suppliers are the sum of cost of goods sold plus advertising expense. d. Payments to employees are $2,500 more than salaries expense. e. Cash payment for the acquisition of plant asserv is $101,000. f. Cash receipts from sale of land total $22,000. g. Cash receipts from issuance of common stock total $30,000. h. Payment of long-term notes payable is $13,000. i. Payment of dividends is $11,000. j. Cash balance at June 30,2023 , was $20,000; at June 30,2024 , it was $23,000 Step by Step Solution
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