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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![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."](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdb9005a1-0c15-4442-946a-df87042280ae%2F107198e9-3e4b-48e3-b22c-87ef1a3c1fed%2Flv9dxt7_processed.jpeg&w=3840&q=75)
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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