Question

Cash 1,000      Inventory $600      Revenue $400 Cash 10,000     Bank Loan for Building         improvement

Cash

1,000

     Inventory

$600

     Revenue

$400

Cash

10,000

    Bank Loan for Building         improvement

10,000

Inventory

8,000

    AP

8,000

Cash

1,000

   Dividends earned (IBM stock)

1,000

Payroll Expense

500

    Cash

$500

Salary

1000

    Cash

1000

Cash

2,000

   Inventory

1200

   Revenue

800

Office Supplies

500

    Cash

500

A/R

3000

   Inventory

2000

   Revenue

1000

Cash Flow Statement

Jan 1, 2019 – Jan 8, 2019

Starting Cash                                                                                                    $1000

Operating

Cash In

(less) Cash out

            Net Cash from Operations                                                                     $___________

Finance

Cash In

(less) Cash out

            Net Cash from Finance                                                                          $____________

Investment

Cash In

Cash out

            Net Cash from Investing                                                                        $_______________

Ending Cash                                                                                                             $_______________

Homework Answers

Answer #1

in this question

in financing activity - bank loan will be included

in investing activity - dividend will be included

every other cash transaction is of opearting nature therefore will be included in operating activity

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