Independent Practice A summary of cash flows for Chickadee Travel Service for the year ended April 30, 2016, follows: Cash receipts: Cash received from customers... Cash received from issuing common stock . Cash payments: Cash paid for expenses. Cash paid for land.. Cash paid as dividends.. $251,000 50,000 210,000 80,000 30,000 The cash balance as of May 1, 2015, was $72,050. Prepare a statement of cash flows for Chickadee Travel Service for the year ended April 30, 2016.

Independent Practice A summary of cash flows for Chickadee Travel Service for the year ended April 30, 2016, follows: Cash receipts: Cash received from customers... Cash received from issuing common stock . Cash payments: Cash paid for expenses. Cash paid for land.. Cash paid as dividends.. $251,000 50,000 210,000 80,000 30,000 The cash balance as of May 1, 2015, was $72,050. Prepare a statement of cash flows for Chickadee Travel Service for the year ended April 30, 2016.

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter12: The Statement Of Cash Flows

Section: Chapter Questions

Problem 12.1E

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