prepare statement of cash flow Below are the cash transactions of Nepal Services for December 2020.Cash payment to suppliers of Goods and servicesCash Receipts from Rendering of ServicesPayment to OwnersProceeds from Bank Loans(6,500)13,000(1,300)6,50029,900(3,120)(3,250)3,900(31,200)3,900Proceeds from cash investment of OwnersPayments for Income TaxesPayment for InterestProceeds dividends of investmentsPayment for Acquisition of PatentsProceeds from Sale of EquipmentPayments of Bank LoansPayment for Acquisition of EquipmentCash at the Beginning of the Year1,30026,000260,000

Below are the cash transactions of Nepal Services for December 2020. Cash payment to suppliers of Goods and services |Cash Receipts from Rendering of Services Payment to Owners (6,500) 13,000 (1,300) Proceeds from Bank Loans 6,500 Proceeds from cash investment of Owners Payments for Income Taxes Payment for Interest Proceeds dividends of investments Payment for Acquisition of Patents Proceeds from Sale of Equipment Payments of Bank Loans Payment for Acquisition of Equipment Cash at the Beginning of the Year 29,900 (3,120) (3,250) 3,900 | (31,200) 3,900 1,300 26,000 260,000

Below are the cash transactions of Nepal Services for December 2020. Cash payment to suppliers of Goods and services |Cash Receipts from Rendering of Services Payment to Owners (6,500) 13,000 (1,300) Proceeds from Bank Loans 6,500 Proceeds from cash investment of Owners Payments for Income Taxes Payment for Interest Proceeds dividends of investments Payment for Acquisition of Patents Proceeds from Sale of Equipment Payments of Bank Loans Payment for Acquisition of Equipment Cash at the Beginning of the Year 29,900 (3,120) (3,250) 3,900 | (31,200) 3,900 1,300 26,000 260,000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 24CE

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