Cash from operating activities.... Cash, December 31, 2018.. Cash used by investing activities.... $(2,000) $6,000 Net increase in cash.... Cash used by financing activities.. 1,200 2,300 (2,800) Required Prepare the 2019 year-end statement of cash flows for Kia Company.

Cash from operating activities.... Cash, December 31, 2018.. Cash used by investing activities.... $(2,000) $6,000 Net increase in cash.... Cash used by financing activities.. 1,200 2,300 (2,800) Required Prepare the 2019 year-end statement of cash flows for Kia Company.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 7MC

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Question

Following is selected financial information of Kia Company for the year ended December 31, 2019.

Cash from operating activities....
Cash, December 31, 2018..
Cash used by investing activities....
$(2,000)
$6,000
Net increase in cash....
Cash used by financing activities..
1,200
2,300
(2,800)
Required
Prepare the 2019 year-end statement of cash flows for Kia Company.

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