Cash received from customers 100,000 Cash paid as taxes 20,000 Cash received as interest revenue 1,000...
| Cash received from customers | 100,000 |
| Cash paid as taxes | 20,000 |
| Cash received as interest revenue | 1,000 |
| Cash paid to employees as salary | 6,000 |
| Cash paid to purchase new truck | 24,000 |
| Cash paid to purchase inventory | 34,000 |
| Cash (beginning balance) | 86,000 |
| Cash received from issuing capital stock | 32,000 |
| Cash received from selling old truck | 8,000 |
| Cash paid to retire long-term debt | 18,000 |
| Capital stock issued in exchange of land | 14,800 |
| COGS | 43,000 |
| Enter your answer below | |
| Cash from Operations | |
| Cash from investing activities | |
| Cash from financing activities | |
| Net change in cash | |
| Cash (Ending) |
Homework Answers
Solution
| Answers | |
| Cash from Operations | $ 40,000.00 |
| Cash from investing activities | $ (15,000.00) |
| Cash from financing activities | $ 14,000.00 |
| Net change in cash | $ 39,000.00 |
| Cash (Ending) | $ 1,25,000.00 |
Working
| Cash received from customers | $ 1,00,000.00 | |
| Cash paid as taxes | $ (20,000.00) | |
| Cash paid to employees as salary | $ (6,000.00) | |
| Cash paid to purchase inventory | $ (34,000.00) | |
| Cash from operations | $ 40,000.00 | |
| Cash received as interest revenue | $ 1,000.00 | |
| Cash paid to purchase new truck | $ (24,000.00) | |
| Cash received from selling old truck | $ 8,000.00 | |
| Cash used in Investing activities | $ (15,000.00) | |
| Cash received from issuing capital stock | $ 32,000.00 | |
| Cash paid to retire long-term debt | $ (18,000.00) | |
| Cash from Financing activities | $ 14,000.00 | |
Add Answer to:
Cash received from customers
100,000
Cash paid as taxes
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Cash received as interest revenue
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2.
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3.
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