Millbrook Golf Club, Inc., provides the following data for the year ended June 30, 20X9. Prepare the
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Millbrook Golf Club, Inc., provides the following data for the year ended June 30, 20X9.
Prepare the operating activities section of Millbrook Golf Club, Inc.'s, statement of cash flows for the year ended June 30, 20X9. Millbrook uses the direct method for operating cash flows.
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Cost of goods s Payments to suppliers... Purchase of equi pment Payments to emp Payment of note payable Proceeds from sale of land Depreciation expense Payment of dividends Proceeds from issuance $ 6,000 $100,000 87,000 40,000 70,000 30,000 60,000 8,000 f common stock Sales revenue Collections from customers Payment of income tax Purchase of treasury 20,000 210,000 180,000 10,000 5,000 stock.
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Related Book For
Financial Accounting
ISBN: 978-0135012840
7th edition
Authors: Walter T. Harrison, Charles T. Horngren
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