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Problem 4-4B (Algo) Prepare the statement of cash flows (LO4-7) Below is a summary of all transactions of Riverdale Pets Supplies for the month
Problem 4-4B (Algo) Prepare the statement of cash flows (LO4-7) Below is a summary of all transactions of Riverdale Pets Supplies for the month of August 2024. Cash collections from: Cash Transactions Customers Sale of unused land Issuance of common stock Interest earned on savings account Cash payments for: Employee salaries Delivery truck Advertising expense office supplies Repayment of borrowing. Bedding material Noncash Transactions Sales to customers on account Purchase of materials on account Purchase equipment with promissory note to pay later $84,900 14,800 21,000 210 (46,200) (32,700) (5,000) (2,900) (8,100) (16,300) 11,400 7,500 83,000 Prepare a statement of cash flows for the month of August, properly classifying each of the transactions into operating, investing, financing activities. The cash balance at the beginning of August is $7,400. (List cash outflows and decrease in cash as negative amounts.) 18 89 ints Noncash Transactions Sales to customers on account Purchase of materials on account Purchase equipment with promissory note to pay later 11,400 7,500 83,000 Prepare a statement of cash flows for the month of August, properly classifying each of the transactions into operating, Investing, and financing activities. The cash balance at the beginning of August is $7,400. (List cash outflows and decrease in cash as negative amounts.) eBook Print References Mc Graw RIVERDALE PETS SUPPLIES Statement of Cash Flows For the Month Ended August 31, 2024 Cash Flows from Operating Activities Cash inflows Cash outflows: Net cash flows from operating activities Cash Flows from Investing Activities < Prev 18 of 19 Next > 18 Cash outflows: .89 oints eBook Net cash flows from operating activities Cash Flows from Investing Activities Print References Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the month Cash at the end of the month
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