Question: Prepare Cash Flow statement for SMART Corporation under Direct method using the following information: Beginning Cash balance 12,000 Cash collected from sales 10,000 Cash collected

Prepare Cash Flow statement for SMART Corporation under Direct method using the following information:

Beginning Cash balance 12,000

Cash collected from sales 10,000

Cash collected issuance of bond 20,000

Cash receipt from sell of equipment 5,000

Cash receipt from sell of stock 8,000

Salary payments for employees 4,000

Tax payments 2,500

Dividend payments 1,000

Company bought Furnitures 1,500

PREPARE CASH FLOW STATEMENT

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