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Presented below is financial information for Sandhill Company. Cash received from revenues from customers $16,000 Cash received from owner (investment) 5,000 Cash paid for new
Presented below is financial information for Sandhill Company. Cash received from revenues from customers $16,000 Cash received from owner (investment) 5,000 Cash paid for new equipment 2,875 Cash paid to owner (drawings) 3,375 Cash paid for expenses 11,875 Cash balance, December 1, 2022 3,750 Prepare a statement of cash flows for the month ended December 31, 2022. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
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