The cash account for Esplin Enterprises shows the following for the year ended December 31, 2012. Required:
Question:
The cash account for Esplin Enterprises shows the following for the year ended December 31, 2012.
Required:
Prepare a statement of cash flows for Esplin Enterprises for the year ended December 31,2012.
Transcribed Image Text:
Beginning cash balance Cash receipts during year from: Services Investments by owners Sale of land 2,214,000 93,000 194,000 Cash payments during year for: Operating expenses . Taxes Purchase of buildingreua._.. . Distributions to owners.... 1,735,000 207,000 352,000 68,000 815,000 Ending cash balance
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Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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