Question: prepare a cash flow statement according to the journal below ps.here is an example we learnt before. I'm not sure it is direct or indirect

prepare a cash flow statement according to the journal below

ps.here is an example we learnt before. I'm not sure it is direct or indirect cash flow statement

Xmarket is a reseller of apples Its operation starts in July of 2020 and now is July 31, 2828. This is the last day of the month. Xmarket General Journal Credit Notes Debit $40, eee.ee $40,000.00 $20,000.ee 6 month 5% note $20,888.80 $ 300.00 $ 300.00 $ 342.50 $ 342.50 $2,400.80 12 months prepaid insurance $2,400.00 $10,080.se purchase of 5, eee units $10,000.00 $ 50.89 sale of ten units $ 50.00 $ 45.89 sale of nine units $ 45.ee $ 500.00 sale of 250 units $ 500.ee $2,080.89 $2,000.ee Date Account 1-Jul-20 Cash Common Stock 1-Jul-2e Cash Notes Payable 1-Jul-20 Rent expense Cash 2-Jul-2e Eqipment Cash 2-Jul-2e Prepaid insurance Cash 3-Jul-20 Inventory Cash 5-Jul-2e Cash Revenue 5-Jul-20 Cash Revenue 5-Jul-20 Accounts receivable Revenue 6-Jul-20 Wages expense Cash 10-Jul-20 Accounts receivable Revenue 11-Jul-20 Inventory Cash 12-Jul-2e Cash Accounts receivable 13-Jul-20 Wages expense Cash 13-Jul-20 Accounts receivable Revenue 14-Jul-20 Cash Accounts receivable 21-Jul-20 Wages expense Cash 23-Jul-20 Supplies expense Cash 28-Jul-20 Wages expense Cash 30-Jul-20 Cash Accounts receivable 30-Jul-20 Cash Revenue $4,000.00 sale of 880 units $4,000.00 $3,000.00 purchase of 1,000 units $3,800.00 $ 580.89 $ 500.00 $2,080.89 $2,000.00 $1,500.00 sale of 300 units $1,500.ee $2,000.00 $2,000.00 $2,000.00 $2,000.00 $ 94.88 $ 94.88 $2,000.00 $2,000.00 $1,000.00 $1,800.ee $ 250.00 sale of 50 units $ 250.00 $11,200 (5,500) $ 5,700 (5,000) (5,000) Cash flows from operating activities Cash receipts from operating activities Cash payments for operating activities Net cash provided by operating activities Cash flows from investing activities Purchased office equipment Net cash used by investing activities Cash flows from financing activities Issuance of common stock Issued note payable Payment of dividend Net cash provided by financing activities Net increase in cash Cash at beginning of period Cash at end of period 10,000 5,000 (500) 14,500 15,200 $15,200
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