A summary of cash flows for Parlier. Consulting Group for the year ended January 31, 2014,...
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A summary of cash flows for Parlier. Consulting Group for the year ended January 31, 2014, follows: Cash receipts: Cash received from customers Cash received from issuing common stock Cash payments: Cash paid for operating expenses Cash paid for land Cash paid for dividends The cash balance as of February 1, 2013, was $16,100. $150,000 26,000 85,800 39,000 5.200 Prepare a statement of cash flows for Parker Consulting Group for the year ended January 31, 2014. Use the minus sign to indicate cash outflows, cash payments and decreases in Cash Amount Amount 150,800 X X Parker Consulting Group Statement of Cash Flows For the Year Ended January 31, 20Y4 Line Item Description Cash flows from (used for) operating activities: Cash received from customers Cash paid for operating expenses Net cash flows from operating activities Cash flows from (used for) investing activities: Cash paid for purchase of land Cash flows from (used for) financing activities: Cash received from issuing common stock Cash paid for dividends -39,000 26,000 -5,200 Net cash flows from financing activities 20,800 Net increase in cash X Cash balance, February 1, 20Y3 16,100 Cash balance, January 31, 20Y4 x A summary of cash flows for Parlier. Consulting Group for the year ended January 31, 2014, follows: Cash receipts: Cash received from customers Cash received from issuing common stock Cash payments: Cash paid for operating expenses Cash paid for land Cash paid for dividends The cash balance as of February 1, 2013, was $16,100. $150,000 26,000 85,800 39,000 5.200 Prepare a statement of cash flows for Parker Consulting Group for the year ended January 31, 2014. Use the minus sign to indicate cash outflows, cash payments and decreases in Cash Amount Amount 150,800 X X Parker Consulting Group Statement of Cash Flows For the Year Ended January 31, 20Y4 Line Item Description Cash flows from (used for) operating activities: Cash received from customers Cash paid for operating expenses Net cash flows from operating activities Cash flows from (used for) investing activities: Cash paid for purchase of land Cash flows from (used for) financing activities: Cash received from issuing common stock Cash paid for dividends -39,000 26,000 -5,200 Net cash flows from financing activities 20,800 Net increase in cash X Cash balance, February 1, 20Y3 16,100 Cash balance, January 31, 20Y4 x
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