Question

The following list of cash flows was taken from the statement of cash flows of Grand Junction’s internal service fund (with all amounts expressed in thousands):
Cash on hand at beginning of year ..... $ 122
Interest from investments ........... 45
Wages and salaries paid .......... (3,470)
Purchases of supplies .......... (1,650)
Collections (for services) from other funds . 6,380
Interest on long-term debt ........ (150)
Repayment of loans to other funds ..... (880)
Purchase of capital assets .......... (900)
Proceeds of revenue bonds .......... 800
Purchases of investments .......... (440)
Proceeds from sale of capital assets ....... 23
Proceeds from sale of investments ...... 33
Loans from other funds ........... 600

Recast the list into a statement of cash flows, adding a line for cash on hand at the end of the year.



$1.99
Sales31
Views701
Comments0
  • CreatedAugust 13, 2014
  • Files Included
Post your question
5000