Horngren's Accounting: The Managerial Chapters, Student Value Edition (12th Edition)

12th Edition

ISBN: 9780134491509

Author: MILLER-NOBLES, Tracie L., Mattison, Brenda L., Matsumura, Ella Mae

Publisher: PEARSON

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Textbook Question

Chapter 1, Problem S1.15SE

Preparing the statement of cash flows
Learning Objective 5
Polk Street Homes had the following cash transactions for the month ended July 31,2018

Cash receipt:
Collections from customers	$ 25,000
Owner contribution	13,000
Cash payments:
Rent	500
Utilities	2,000
Salaries	1,500
Purchase of equipment	25,000
Owner withdrawal	4,000
Cash balance, July 1, 2018	14,000
Cash balance, July 31, 2018	19,000

Prepare the statement of cash flows for Polk Street Homes for the month ended July 31, 201

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Chapter 1, Problem S1.14SE

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Chapter 1 Solutions

Horngren's Accounting: The Managerial Chapters, Student Value Edition (12th Edition)

Ch. 1 - Prob. 1QC Ch. 1 - Which of the following is not an external user of...Ch. 1 - Prob. 3QC Ch. 1 - Prob. 4QC Ch. 1 - Prob. 5QC Ch. 1 - Which of the following requires accounting...Ch. 1 - At the end of a recent year, Global Cleaning...Ch. 1 - Consider the overall effects on Global Cleaning...Ch. 1 - Assume that Global Cleaning Service performed...Ch. 1 - The balance sheet reports the Learning Objective 5...

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