Prepare a statement of cash flows for the internal service fund for the city of Pear man
Question:
Cash on hand at the beginning of the year........................................$185
Interest on investments................................................................244
Wages and salaries paid...........................................................(3,120)
Purchases of supplies..............................................................(1,250)
Collections (for services) from other funds......................................6,000
Interest paid on long-term debt....................................................(215)
Repayment of loans from other funds............................................(715)
Purchase of capital assets..........................................................(920)
Proceeds of revenue bonds..........................................................920
Purchase of investments...........................................................(475)
Proceeds from sale of capital assets................................................36
Proceeds from sale of investments..................................................55
Loans from other funds............................................................575
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Related Book For
Advanced Accounting
ISBN: 978-0538480284
11th edition
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
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