Question

Use the following accounts to prepare a statement of cash flows for a not-for-profit organization:
Long-term borrowings ..................... $ 50,000
Purchase of equipment .................... 110,000
Excess of revenue over expenses ............... 35,000
Purchase of investments .................. 20,000
Depreciation/amortization ................. 10,000
Contributions from cash endowments ............. 50,000
Increase in adjustments in non-cash working capital accounts ... 5,000
Cash at beginning of year ................. 20,000
Net increase in cash account ................. 10,000



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  • CreatedDecember 03, 2014
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