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one Question X + 1030195 tous WooTOOM Given the following cash transactions relating to Camarillo Company (1) what is the net cash flows from financing
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X + 1030195 tous WooTOOM Given the following cash transactions relating to Camarillo Company (1) what is the net cash flows from financing activities. (21 net change increase/decrease of cash during the year, and (3) ending cash balance using the direct method? Beginning cash balance is $98.200 and ending cash balance is $79.900. 1 Customers paid cash for services received $88,000 2. Purchased new equipment for cash $42,500 3. Made cash payment for rent $6,000 4. Received cash dividends $3,100 5. Purchased 10,000 outstanding common stock shares (treasury stock for cash $20,000 6. Received cash for selling old equipment $15,500 7. Paid back outstanding notes payable balance $35.000 & Paid employees salaries and wages in cash $21.400 Hint: First, determine if the transaction is operating, investing, or financing. Then calculate the change increase or decrease) in cash balance. When typing your responses do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign, . For negative amount (including decrease of cashil, make sure to indicate it with a negative sign or in parentheses. For example. If you answer is 5,000, you can either Input the response os -5,000 or (5.000). Responses (1) Net Cash Flows from Financing Activities ly 40 yboard Beginning cash balance is $98,200 and ending cash balance is $79,900. 1. Customers paid cash for services received $88,000 2. Purchased new equipment for cash $42,500 3. Made cash payment for rent $6,000 4. Received cash dividends $3,100 5. Purchased 10,000 outstanding common stock shares (treasury stock) for cash $20,000 6. Received cash for selling old equipment $15,500 7. Paid back outstanding notes payable balance $35,000 8. Paid employees salaries and wages in cash $21.400 . . Hint: First, determine if the transaction is operating, investing, or financing. Then, calculate the change (increase or decrease) in cash balance. When typing your responses, do NOT include a dollar sign. For example, if your ans is $10,000, you should be typing 10,000 or 10.000.00 without any dollar sign. For negative amount (including decrease of cash), make sure to indicate it with a negative sign or in parentheses. For example, if you answer is -$5,000, you can eith input the response as -5,000 or (5,000). . Responses $ (1) Net Cash Flows from Financing Activities (2) Net Change (Increase/Decrease) of Cash $ (3) ) Ending Cash Balance $ Step by Step Solution
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