Given the following information, calculate the change in cash for the year: Cash sales collected from customers

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Given the following information, calculate the change in cash for the year:

Cash sales collected from customers ........ $31,000

Cash received from sale of vehicle .......... 5,000

Goodwill amortization expense for the year ..... 3,200

Cash received from issuance of stock .........75,000

Cash paid for salaries...............19,800

Cash received from sale of land ...........21,200

Cash paid for other operating expenses ........14,000

Cash paid to vendor for inventory ..........10,550

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Financial Accounting: A Business Process Approach

ISBN: 978-0136115274

3rd edition

Authors: Jane L. Reimers

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Question Posted: Sep 01, 2014 01:00 PM

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Given the following information, calculate the change in cash for the year: Cash sales collected from customers

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Financial Accounting: A Business Process Approach

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