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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
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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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."
Transcribed Image Text: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."
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