Cash Flow Statement Directions: Compute and complete a cash flow statement for the company below. Beginning...
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Cash Flow Statement Directions: Compute and complete a cash flow statement for the company below. Beginning Cash Balance as of January 1, 2015 La Napoli Cash Flow Statement For the year ended December 31, 2015 Cash Flows from Operating Activities Operating Income Depreciation Expense Loss on Sale of Equipment Gain on Sale of Land Increase in Accounts Receivable Decrease in Prepaid Expenses Decrease in Accounts Payable Decrease in Accrued Expenses Net Cash Flow from Operating Activities Cash Flows from Investing Activities Sale of Equipment Sale of Land Purchase of Equipment Net Cash Flows from Investing Activities Cash Flows from Financing Activities Payment of Dividends Payment of Bond Payable Net Cash Flows from Financing Activities Net Change in Cash Beginning Cash Balance Ending Cash Balance Accompanies: Accounting Cycle: Corporation $430,100 122,300 5,450 -55,000 -89,000 9,000 -94,000 -120,000 $82,000 211,950 -110,000 -$85,000 -215,000 $ $ $ SA $450,000 STUDENT ACTIVITY 1 Cash Flow Statement Directions: Compute and complete a cash flow statement for the company below. Beginning Cash Balance as of January 1, 2015 La Napoli Cash Flow Statement For the year ended December 31, 2015 Cash Flows from Operating Activities Operating Income Depreciation Expense Loss on Sale of Equipment Gain on Sale of Land Increase in Accounts Receivable Decrease in Prepaid Expenses Decrease in Accounts Payable Decrease in Accrued Expenses Net Cash Flow from Operating Activities Cash Flows from Investing Activities Sale of Equipment Sale of Land Purchase of Equipment Net Cash Flows from Investing Activities Cash Flows from Financing Activities Payment of Dividends Payment of Bond Payable Net Cash Flows from Financing Activities Net Change in Cash Beginning Cash Balance Ending Cash Balance Accompanies: Accounting Cycle: Corporation $430,100 122,300 5,450 -55,000 -89,000 9,000 -94,000 -120,000 $82,000 211,950 -110,000 -$85,000 -215,000 $ $ $ SA $450,000 STUDENT ACTIVITY 1
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Related Book For
Essentials of Accounting for Governmental and Not-for-Profit Organizations
ISBN: 978-0073527055
10th Edition
Authors: Paul A. Copley
Posted Date:
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