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This information is for Pharoah Company for the year ended December 31, 2022. Cash received from revenues from customers $589,500 Cash received for issuance
This information is for Pharoah Company for the year ended December 31, 2022. Cash received from revenues from customers $589,500 Cash received for issuance of common stock 290,000 Cash paid for new equipment 153,000 Cash dividends paid 14,500 Cash paid for expenses 436,000 Cash balance 1/1/22 30,000 Prepare the 2022 statement of cash flows for Pharoah Company. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
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