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Styles Paragraph Why is the cash balance $400 higher than the net income? (Ctrl) - FASTFORWARD Statement of Cash Flows For Month Ended December 31,
Styles Paragraph Why is the cash balance $400 higher than the net income? (Ctrl) - FASTFORWARD Statement of Cash Flows For Month Ended December 31, 2018 Cash flows from operating activities Cash received from clients ($4,200 + $1,900) Cash paid for expenses ($2,500 + $900 + $1,000 + $700) Net cash provided by operating activities Cash flows from investing activities Purchase of equipment Net cash used by investing activities Cash flows from financing activities Investments by owner Withdrawals by owner Net cash provided by financing activities Net increase in cash Cash balance, December 1, 2018 + Cash balance, December 31, 2018 $6,100 (5,100) $1,000 (26.000) (26,000) 30,000 (200) 29,800 $4,800 $4.800 O words 2.6 pts
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