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The following cash transactions occurred during the period. Fill in the statement of cash flows on the left following US GAAP. Use the direct
The following cash transactions occurred during the period. Fill in the statement of cash flows on the left following US GAAP. Use the direct method for calculating cash flow from Operating Activities. According to US GAAP Item Bank Company B Statement of Cash Flows as of June 30, 2014 Operating Activities Sale of used plant equipment for cash $27,000 Sources: Select Category: Select Order: Cash collections from customers $200,000 Select Category: Cash dividend received Select Category: Select Order: $0 Total Sources: (Uses:) $21,000 Select Order: Interest paid on loan $16,000
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