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Revenues: Services provided to customers Investment by shareholders Loan from bank Expenses: YARNELL COMPANY August 31, 2013 $ 15,000 4,900 14,000 $33,900 Payments to long-term
Revenues: Services provided to customers Investment by shareholders Loan from bank Expenses: YARNELL COMPANY August 31, 2013 $ 15,000 4,900 14,000 $33,900 Payments to long-term creditors $13,000 Expenses required to provide services to customers Purchase of land 9,500 16,000 38,500 Loss $ 4,600 Based on the information prepare a statement of cash flows in a form consistent with generally accepted accounting principles. You may assume all transactions were in cash and that the beginning cash balance was $13,000. (Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.) YARNELL COMPANY Statement of Cash Flows For the Month Ended August 31, 2013 Cash flows from operating activities: $ (Click to select) (Click to select) Net cash (Click to select) operating activities Cash flows from investing activities: (Click to select) Cash flows from financing activities: (Click to select) (Click to select) (Click to select) (Click to select) Cash balance, August 1, 2013 Cash balance, August 31, 2013 $ $ $
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