Question
Required Information [The following Information applies to the questions displayed below.] Cheese Factory Incorporated reported the following Information for the fiscal year ended August
Required Information [The following Information applies to the questions displayed below.] Cheese Factory Incorporated reported the following Information for the fiscal year ended August 31, 2018. Accounts Payable Accounts Receivable Cash (balance on September 1, 2017) Cash (balance on August 31, 2018) Common Stock Dividends Equipment Notes Payable Office Expenses Prepaid Rent Retained Earnings (beginning) Salaries and Wages Expense Salaries and Wages Payable Sales Revenue Supplies Utilities Expense Other cash flow information: Additional investments by stockholders Cash paid to purchase equipment Cash paid to suppliers and employees Repayments of borrowings Cash received from customers Cash received from borrowings Dividends paid in cash $ 156,000 26,000 86,000 89,000 100,000 15,000 766,000 41,000 150,000 65,000 421,000 1,010,000 181,000. 1,850,000 43,000 585,000 $ 39,000 55,000 1,525,000 166,000 1,716,000 9,000 15,000 4. Prepare a statement of cash flows for the fiscal year ended August 31, 2018. (Cash outflows should be entered as negative amounts.) CHEESE FACTORY INCORPORATED Statement of Cash Flows For the Year Ended August 31, 2018 Cash Flows from Operating Activities Cash Received from Customers Cash Paid to Suppliers and Employees Cash Provided by Operating Activities $ 0 Cash Flows from Investing Activities
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