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The following information for the year ended December 31, 2021, was reported by Nice Bite, Incorporated Accounts Payable Accounts Receivable Cash (balance on January
The following information for the year ended December 31, 2021, was reported by Nice Bite, Incorporated Accounts Payable Accounts Receivable Cash (balance on January 1, 2021) Cash (balance on December 31, 2021) Common Stock Dividends Equipment Income Tax Expense Interest Expense $ 45,000 22,800 103,500 102,800 180,500 0 136,700 10,100 29,500 17,200 23,600 Office Expense 14,300 Prepaid Rent 7,000 Retained Earnings (beginning) 6,300 Salaries and Wages Expense 35,700 Service Revenue 137,800 Utilities Expense 25,100 Salaries and Wages Payable 8,000 Inventory Notes Payable Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers $ 21,000 23,500 11,000 41,000 83,200 137,000 Required information Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Cash Received from Customers Cash Paid to Suppliers and Employees Cash Paid for Income Taxes Cash Provided by Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities $ 145,000 88,000 11,400 244.400 0 0 Prev 20 21 22 of 23
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