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Solve ASAP. It will be appreciated Using the information given below, prepare a statement of cash flows for the Central Service Bureau Internal Service Fund
Solve ASAP. It will be appreciated
Using the information given below, prepare a statement of cash flows for the Central Service Bureau Internal Service Fund of the City of Isler for 20X8. You do not have to prepare the required schedules to accompany the statement. Collections from user departments $400,000 Salaries paid in 20X8 190,000 Salaries accrued at 12/31/X8 4.000 Materials purchased in 20x8 80.000 Materials used in 20x8 85.000 General Fund subsidy received 30,000 Equipment purchased for cash 50.000 Mortgage payment (includes $98,000 interest) 11000 Investments purchased 24,000 . Interest received 800 Proceeds of short-term note for working capital 2800 Accrued interest on hotel 120 Cash balance, January 2018 $34,000Step by Step Solution
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