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Tiger Trade has the following cash transactions for the period. 10.5 points Accounts Cash received from sale of products to customers Cash received from the
Tiger Trade has the following cash transactions for the period. 10.5 points Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $ 30,500 35,500 (40,500) (10,100) 11,100 (22,100) (2,100) 20,500 (4,100) Skipped eBook References Assume the balance of cash at the beginning of the period is $3,100. Required: 1. Calculate the ending balance of cash. Ending balance 2. Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sian. TIGER TRADE Statement of Cash Flows Cash Flows from Operating Activities Cash inflows: All Acc TUEN IRAUL Statement of Cash Flows Cash Flows from Operating Activities Cash inflows: BI 10.5 points TI Show All Items richard Skipped Borrow from bank For advertisement For merchandise suppliers - eBook For workers ADA 3 References From sale of products to customers Net cash flows from operating activities Cash Flows from Investing Activities RT069 0 Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities A%E Cash at the beginning of the year Cash at the end of the year TIGER TRADE Statement of Cash Flows Cash Flows from Operating Activities Cash inflows: 10.5 points For workers Show All items Skipped From sale of products to customers From sale of services to customers Pay dividends eBook / Purchase factory equipment / References / Sale of warehouse Net cash flows from operating activities Cash Flows from Investing Activities / / / Net cash flows from investing activities Cash Flows from Financing Activities 0 Net cash flows from financing activities Cash at the beginning of the year Cash at the end of the year Helvet Subm LOW Acc Cash outflows: 10.5 points ard Skipped Net cash flows from operating activities Cash Flows from Investing Activities eBook References Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Show All items Net decrease in cash Net increase in cash
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