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Print 8. Coffee House Food Equipment Company had the following transactions for the month ending January 31, 2018. Coffee Hou7: More Info Print Jan. 1 Common stock was issued to stockholders for $9,000 cash. 7 Purchased equipment for S2,100 on accoun

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Coffee House Food Equipment Company
Statement of Cash Flows
Month Ended January 31, 2018
Cash Flow from Operating Activities
Receipts
Collections from Customers $           8,000
Payments
For Salaries $             (900)
For Office Rent $         (1,200)
For Utilities $             (100)
Net Cash from Operating Activities 5800
Cash flow from Investing Activities
Acquisition of Equipment $                   -  
Acquisition of Land $       (25,000)
Net cash from investing activities $                 (25,000)
Cash flow from Financing Activities
Issuance of Common Stock $           9,000
Payment of Cash Dividends $         (4,000)
Net cash used in financing activities $                      9,000
Increase in Cash $                 (10200)
Opening Balance of Cash $                  15,600
Closing Balance of Cash $                    5,400
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