Question

Prepare a statement of cash flows for the internal service fund of the city of Boni ville from the following information:
Cash on hand at the beginning of the year .. . . . . .. . . . . . $ 122
Interest from investments . . . .. .... .. .. . . . .. . . . . .. . .. 145
Wages and salaries paid . . .. .... .. .. . . . .. . . . . .. . .. (3,100)
Purchases of supplies. . . . .. .... .. .... . .. . . . . .. . . ... (1,650)
Collections (for services) from other funds . .. . . . . . . . 6,000
Interest paid on long-term debt .. .. .. ... . . .. .. . . .. . .. (150)
Repayment of loans from other funds.. .. . . . . . .. . . . . . .. (680)
Purchase of capital assets . . .. .. .. .... . . . .. . . .. . . . .. (900)
Proceeds of revenue bonds . .. .... .. .. . . . .. . . . . .. . .. 900
Purchase of investments. . . . .. .. .. .... . . . .. . . .. . . . .. (440)
Proceeds from sale of capital assets .. .. . . . . . .. . . . . . .. 23
Proceeds from sale of investments .... .. . . . . . .. . . . . . .. 33
Loans from other funds. . . . . .. .. .. .... . . . .. . . .. . . . .. 600


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  • CreatedApril 13, 2015
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