Question: Please answer all! Thank you so much! a) What were the company's cash flows for operating activities? use positive nunber to indicate an overall (i.e.
Please answer all! Thank you so much!
a) What were the company's cash flows for operating activities? use positive nunber to indicate an overall (i.e. net) inflow or a negative number to indicate an overall outflow.b) What were the company's cash flows for investing activities? use positive nunber to indicate an overall (i.e. net) inflow or a negative number to indicate an overall outflow.
c) What were the company's cash flows for financing activities? use positive nunber to indicate an overall (i.e. net) inflow or a negative number to indicate an overall outflow.
d) What was the company's net income?
e) What was the company's ending cash balance?
f) What was the company's ending supplies balance?
g) What was the company's ending accounts receivable balance?
h) What was the company's equipment balance?
i) What was the company's ending accounts payable balance?
j) What was the company's ending notes payable balance?
k) What was the company's ending retained earnings balance?

Jan. 1 Paid rent of $2,800 for the month Jan. 2 Purchased $200 of supplies Jan. 3 Purchased $4,800 of equipment on account Jan. 6 Sold services to customers for $24,400 Jan. 10 Paid $680 for advertising Jan. 14 Paid $920 owed to suppliers from purchase on Jan. 3 Jan. 18 Paid utility bill of $360 for the month Jan. 24 Made a bank loan payment of $1,200 Jan. 26 Dividend of $550 is paid to the owner Jan. 28 Received $400 from customers on account Jan. 31 Paid employee payroll of $16,800 Jan. 31 Supplies still on hand were reported at $600
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
