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needing assistance filling out the rest of the data. I understand what goes where, but i dont understand the claculations. Check werk 10 Part 4
needing assistance filling out the rest of the data. I understand what goes where, but i dont understand the claculations.
Check werk 10 Part 4 Use the following information for the Exercises below. (Algo) (The following information applies to the questions caployed below) On December Jasmin Emat organized Ernst Consulting On December 3, the owner contributed $63,660 in assets to launch the business. On December 31, the company's records show the following hers and amounts Cash # 13,000 Cash Lehrwale by 1.760 counts recette 13,70 Consulting revence 17,720 Otipli 2.990 tenhagen 1,210 45,940 ali pa 6,690 offen wat 17.110 Telephone 270 payable 6,230 60 OBEL 83.660 3 Exercise 1-21 (Algo) Preparing a statement of cash flows LO P2 Also me the following The owner's investment consists of $3720 cash and $45.940 inland The company 57710 quin purchase is paid in $5,240 in amployee salaries yet to be paid Cash is to employees is $1450. The accounts payable balance of SB 230 consists of the $2.990 office supplies purchase and d. The company's texbene, telephone expense, and irisciandous expers are all inch .. Noches yet been colected on the $13.720 consulting revenue and Using the shove information prepara Decembement of cash flows for Eat Comulting (Cash outflows should be indicated by a mission ERNST CONSULTING ME ERNST CONSULTING 4 of 4 Statement of Cash Flows nts For Month Ended December 31 + Cash flows from operating activities Cash received from customers $ 0 Cash paid for miscellaneous expenses (680) Cash paid for rent (3,210) Cash paid to employees (1,450) Cash paid for telephone expenses (870) eBook Hint Print (6,210) References Cash flows from investing activities Cash paid for office equipment Cash flows from financing activities Cash investments by owner Cash withdrawals by owner Net cash provided by financing activities Net increase in cash Cash balance, December 1 Cash balance, December 31 $ 0 Mc GI Draw 56 un Step by Step Solution
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