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[ The following information applies to the questions displayed below. ] Pratt Corporation started the Year 2 accounting period with total assets of $ 3
The following information applies to the questions displayed below.
Pratt Corporation started the Year accounting period with total assets of $ cash, $ of liabilities, and $ of retained earnings. During the Year accounting period, the Retained Earnings account increased by $ The bookkeeper reported that Pratt paid cash expenses of $ and paid a $ cash dividend to stockholders, but she could not find a record of the amount of cash revenue that Pratt received for performing services. Pratt also paid $ cash to reduce the liability owed to a bank, and the business acquired $ of additional cash from the issue of common stock. Assume all transactions are cash transactions.
d Prepare a statement of cash flows for the Year accounting period. Cash outflows should be indicated with a minus sign.
tablePRATT CORP.,,Statement of Cash Flows,,Cash flows from operating activities,,Net cash flow from operating activities,,Cash flows from investing activities,,Cash flows from financing activities,,Net cash flow from financing activities,,Ending cash balance,,
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