All rights reserved: Dr$.$ Robert R$.$ McWhorter $-$ Financial Accounting: Chapter $14$

$7$

Bevo Hardware, Inc.

Statement of Cash Flows

Year Ended September $30,2018$

Cash Flows From Operating Activities:

Net Income

Adjustments to reconcile Net Income to Net Cash

Provided by Operating Activities:

Depreciation Expense

Decrease in Accounts Receivable

Increase in Merchandise Inventory

Increase in Accounts Payable

Decrease in Accrued Liabilities

$$1.q,$

$49\mathrm{.}000$

Net Cash provided by Operating Activities

Cash Flows From Investing Activities:

Cash paid for Plant Assets

$q,$

$q,$

Net Cash Provided or $($Used$)$ for Investing Activities

Cash Flows From Financing Activities:

Cash from the sale of Common Stock

Cash paid on Note Payable

$(103,000)q,$ See details at bottom of page $6$

$(72,000)$

$5,000$

Net Cash Provided or $($Used$)$ for Financing Activities

Net increase or $($decrease$)$ in Cash

Cash Balance, September $30,2017$

$36,000$

Cash Balance, September $30,2018q,$

$q,$

Non$-$cash Investing and Financing Activities:

$q,$

$q,$