Question: Current Attempt in Progress Dowling Enterprises had the following information for the nancial year ending 30 June 2017. Cash balance at beginning of year 101,650

Current Attempt in Progress Dowling EnterprisesCurrent Attempt in Progress Dowling Enterprises
Current Attempt in Progress Dowling Enterprises had the following information for the nancial year ending 30 June 2017. Cash balance at beginning of year 101,650 Cash balance at end of year 148,770 Cash received from loan 42,400 Depreciation expense 24,910 Loss on sale of investments 11,660 Payments for building construction 121,900 Payments for drawings 74,910 Payments for income tax 53,530 Payments for interest expense 27,560 Payments for operating expenses 206,570 Payments to suppliers 763,730 Proceeds from sale of investments 63,600 Proceeds from sale of land 15,900 Receipts from customers 1,173,420 Prepare a cash flow statement for Dowling Enterprises, showing the operating, investing and financing activities at 30 June 2017 using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000). Do not use dollar signs in your answer. ) Dowling Enterprises Statement of Cash Flows V

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