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Dery Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Assume the balance of cash at the beginning of the period is $4,300. Required: 1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Cash Flows from Operating Activities Cash inflows Required 1 Required 2 Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign) DERY TRADE Statement of Cash Flows of products to customers Amounts $36,500 41,500 (46,500) (11,300) 12,300 S (23,300) (3,300) 26,500 (5,300)

Dery Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Assume the balance of cash at the beginning of the period is $4,300. Required: 1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Cash Flows from Operating Activities Cash inflows Required 1 Required 2 Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign) DERY TRADE Statement of Cash Flows of products to customers Amounts $36,500 41,500 (46,500) (11,300) 12,300 S (23,300) (3,300) 26,500 (5,300)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Dery Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Assume the balance of cash at the beginning of the period is $4,300. Required: 1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Cash Flows from Operating Activities Cash inflows Required 1 Required 2 Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign.) DERY TRADE Statement of Cash Flows of products to customers S Amounta $36,500 41,500 (46,500) (11,300) 12,300 3.500l (23,300) (3,300) 26,500 (5,300)
Transcribed Image Text:Dery Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Assume the balance of cash at the beginning of the period is $4,300. Required: 1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Cash Flows from Operating Activities Cash inflows Required 1 Required 2 Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign.) DERY TRADE Statement of Cash Flows of products to customers S Amounta $36,500 41,500 (46,500) (11,300) 12,300 3.500l (23,300) (3,300) 26,500 (5,300)
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