This information is for Belleview Company for the year ended December 31, 2014. Cash received from revenues

Question:

This information is for Belleview Company for the year ended December 31, 2014.

Cash received from revenues from customers ......$600,000

Cash received for issuance of common stock ..... 280,000

Cash paid for new equipment ........... 100,000

Cash dividends paid ................ 20,000

Cash paid for expenses ............... 430,000

Cash balance 1/1/14 ................ 30,000

Instructions

Prepare the 2014 statement of cash flows for Belleview Company.

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...