Question
Prepare the statement of cash flows of Brew Boy Food Company for the month ended January 31,2018.

Complete the statement one section at a time, beginning with the heading and cash flows from operating activities.
for $3,000 on account 17 Paid cash employees salaries, $1,100 office rent, $1,700: utities, $500
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BREW BOY FOOD EQUIPMENT COMPANY Statement of Cash Flows Month Ended Jan 31, 2018 Cash flows from operating activities: Receipts: Collections from customers Payments: For rent For salaries For utilities Net cash provided by operating activities 4,500 (1,700) (1,100) (500)(3,300) 1,200 Cash flows from investing activities: Purchase of land Purchase of equipment Net cash used by investing activities 24,000) (3,000) (27,000) Cash flows from financing activities: Issuance of common stock Payment of cash dividends Net cash provided by financing activities Net decrease in cash Cash balance, Jan 1, 2018 Cash balance, Jan 31, 2018 13,000 (1,000) 12,000 (13,800) 16,800 3,000

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