Part 1 - Operating Cash Flow Year 1 Year 2 Total Receipts Total Disbursements Net Cash Flow Part 2 - Income Statement Year 1 Year 2 Sales Salaries Utilities Insurance Total Expenses Net Income Part 3 - Ending Accounts Receivable Year 1 Year 2 Ending Accounts Receivable
Part 1 - Operating Cash Flow Year 1 Year 2 Total Receipts Total Disbursements Net Cash Flow Part 2 - Income Statement Year 1 Year 2 Sales Salaries Utilities Insurance Total Expenses Net Income Part 3 - Ending Accounts Receivable Year 1 Year 2 Ending Accounts Receivable
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Year 1
Year 2
Part 1 - Operating Cash Flow
Billed to Clients
170,000
220,000
190,000
Cash Collected
160,000
Year 1
Year 2
Total Receipts
Salaries
90,000
100,000
40,000
Total Disbursements
Utilities Paid
3-Year Insurance Purchased
Utilities Expense - Year 1
30,000
60,000
35,000
Net Cash Flow
Part 2 - Income Statement
Year 1
Year 2
Sales
Salaries
Utilities
Insurance
Total Expenses
Net Income
Part 3 - Ending Accounts Receivable
Year 1
Year 2
Ending Accounts Receivable](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F22eb5122-f151-4caa-a9e5-ed0aea01f8ea%2Fd8ad6bc3-e616-40f6-954f-de953cb2453d%2Fzsujdz6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Write Your Answers Here
Year 1
Year 2
Part 1 - Operating Cash Flow
Billed to Clients
170,000
220,000
190,000
Cash Collected
160,000
Year 1
Year 2
Total Receipts
Salaries
90,000
100,000
40,000
Total Disbursements
Utilities Paid
3-Year Insurance Purchased
Utilities Expense - Year 1
30,000
60,000
35,000
Net Cash Flow
Part 2 - Income Statement
Year 1
Year 2
Sales
Salaries
Utilities
Insurance
Total Expenses
Net Income
Part 3 - Ending Accounts Receivable
Year 1
Year 2
Ending Accounts Receivable
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