Prepare CASH PAYMENTS AND PAYMENTS TO CREDITOR ARE INCORRECT, NET FLOW FROM OPERATING ACTIVITIES IS WRONG For

Prepare CASH PAYMENTS AND PAYMENTS TO CREDITOR ARE INCORRECT, NET FLOW FROM OPERATING ACTIVITIES IS WRONG
 

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For the month ending august 31, 2019 Cash flows from operating activities : Cash receipts from customers Cash payments for expenses and payments to creditors Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities: Cash receipts from owner as investment Cash withdrawal by owner Net cash flow from financing activities Net increase in cash, Aug 31,2019, cash balance $ 92,000 (114,000) 75,000 (15,000) $ (22,000) 0 60,000 $ 38,000 For the month ending august 31, 2019 Cash flows from operating activities : Cash receipts from customers Cash payments for expenses and payments to creditors Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities: Cash receipts from owner as investment Cash withdrawal by owner Net cash flow from financing activities Net increase in cash, Aug 31,2019, cash balance $ 92,000 (114,000) 75,000 (15,000) $ (22,000) 0 60,000 $ 38,000

Answer rating: 100% (QA)

The image you provided shows a cash flow statement for the month ending August 31 2019 with certain figures that youve stated are incorrect The cash f... View the full answer