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Your Corporation started a consulting business on January 1, 2021 by issuing $9,000 of common stock. What was net cash flow from operating activities? Prepaid
Your Corporation started a consulting business on January 1, 2021 by issuing $9,000 of common stock. What was net cash flow from operating activities? Prepaid $36,000 for 12 months of rent. Performed $25,000 of work for cash. Recorded $18,000 of operating expense on account. You were paid $45,000 for work that will be done later. Paid $9,000 of its accounts payable. Completed $20,000 of the prepaid work. Recognized $12,000 of rent expense. Paid a cash dividend of $6,000 to the stockholders. O $16,000 O $34,000 O $19,000 O $25,000 O $13,000
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