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.

Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter1: Introduction To Accounting And Business
Section: Chapter Questions
Problem 1.7BE: Statement of cash flows A summary of cash flows for Paradise Travel Service for the year ended May...
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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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