Question

Problem 4-4A Prepare the statement of cash flows (L04-7) Below is a summary of all transactions of Pixar Toy Manufacturing for the month of August 2021. $ 91,900 34,400 24,480 Cash Transactions Cash collections from: Customers Sale of unused warehouse Bank borrowing Cash payments for: Employee salaries Office rent Manufacturing equipment Office utilities Dividends to stockholders Materials to make toys Noncash Transactions Sales to customers on account Purchase of materials on account Purchase equipment with promissory note to pay later (63,700) (17,400) (42,880) (10,288) (3,500) (26,100) 14,800 12,300 16,900 Required: Prepare a statement of cash flows for the month of August 2021, properly classifying each of the transactions into operating. Investing. and financing activities. The cash balance at the beginning of August is $22,100. (List cash outflows and decrease in cash as negative amounts.) PIXAR TOY MANUFACTURING Statement of Cash Flows For the month ended August 31, 2021 Cash Flows from Operating Activities Cash inflows Cash outflows: $ 0 Net cash flows from operating activities Cash Flows from Investing Activities 0 Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the month Cash at the end of the month $ 0

Answer 1

Please refer below handwritten notes

DATE Pixar Toy Manufacturing Statement of Cash Flows for the month ended August 31,2021 cash Flows from operating Activities cash Inflows: collection from customers 91.900 Anca) cash outflows: Employee salaries (63200) ottice rent ottice utilities (10.200) Materials to make toys. (26,100) Net cashflows from operating activities CE 400) (25,500) cash flows from investing Activities sall of unused ware house 34.400 Purchase of manufacturing equipment (42.800) (8,400) Net cashflows from investing activities cash flows from Financing Activities Bank Borrowing Dividends to stockholders 24,400 (3.500 20,900 Net cashllows from financing activities cash at the beginning at morth 22,100 9100 cash at the end of the month classmate 2020-9-16 22:43