Question

Given the following information, calculate the change in cash for the year:
Cash received from sale of company equipment.....$ 20,000
Cash paid for salaries ................ 8,500
Cash paid for other operating expenses ......... 12,250
Cash paid for purchase of treasury stock ....... 16,000
Cash paid for rent ................. 12,000
Cash received from issuance of bonds ......... 125,000
Cash collected from customers ........... 45,000
Cash paid to do a major repair of delivery van to
prolong its useful life for five more years ...... 21,820



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  • CreatedSeptember 01, 2014
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