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Prepare the operating activities section of the business's statement of cash fows for the year ended June 30, 2016, using the direct method. (Use a minus sign or parentheses to show net cash used for operating activities. Ifa box is not used in the statement, leave the box empty do not select a label or enter a ero.) Stella's Leaming Center Statement of Cash Flows (Partial) Data Table Year Ended June 30, 2010 Cash Flows from Operating Activities: Payments to suppliers $ 119,000 Receipts Cash payment for purchase of equipment 39,000 Payments to employees 66,000 Payment of notes payable 33,000 Total Cash Receipts Payment of dividends 4,500 Payments: Cash receipt from issuance of stoo 20.000 Collections from customers 187,000 Cash receipt from sale of land 50,000 Cash balance, June 30, 2015 32.000 Choose from any list or enter any number in the input fields and then cick Check Answer.

Prepare the operating activities section of the business's statement of cash fows for the year ended June 30, 2016, using the direct method. (Use a minus sign or parentheses to show net cash used for operating activities. Ifa box is not used in the statement, leave the box empty do not select a label or enter a ero.) Stella's Leaming Center Statement of Cash Flows (Partial) Data Table Year Ended June 30, 2010 Cash Flows from Operating Activities: Payments to suppliers $ 119,000 Receipts Cash payment for purchase of equipment 39,000 Payments to employees 66,000 Payment of notes payable 33,000 Total Cash Receipts Payment of dividends 4,500 Payments: Cash receipt from issuance of stoo 20.000 Collections from customers 187,000 Cash receipt from sale of land 50,000 Cash balance, June 30, 2015 32.000 Choose from any list or enter any number in the input fields and then cick Check Answer.

Financial Accounting
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 15E
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Prepare the operating activities section of the business's statement of cash fows for the year ended June 30, 2016, using the direct method. (Use a minus sign or parentheses to show net cash used for operating activities. Ifa box is not used in the statement, leave the box empty do not select a label or enter a ero.) Stella's Leaming Center Statement of Cash Flows (Partial) Data Table Year Ended June 30, 2010 Cash Flows from Operating Activities: Payments to suppliers $ 119,000 Receipts Cash payment for purchase of equipment 39,000 Payments to employees 66,000 Payment of notes payable 33,000 Total Cash Receipts Payment of dividends 4,500 Payments: Cash receipt from issuance of stoo 20.000 Collections from customers 187,000 Cash receipt from sale of land 50,000 Cash balance, June 30, 2015 32.000 Choose from any list or enter any number in the input fields and then cick Check Answer.
Transcribed Image Text:Prepare the operating activities section of the business's statement of cash fows for the year ended June 30, 2016, using the direct method. (Use a minus sign or parentheses to show net cash used for operating activities. Ifa box is not used in the statement, leave the box empty do not select a label or enter a ero.) Stella's Leaming Center Statement of Cash Flows (Partial) Data Table Year Ended June 30, 2010 Cash Flows from Operating Activities: Payments to suppliers $ 119,000 Receipts Cash payment for purchase of equipment 39,000 Payments to employees 66,000 Payment of notes payable 33,000 Total Cash Receipts Payment of dividends 4,500 Payments: Cash receipt from issuance of stoo 20.000 Collections from customers 187,000 Cash receipt from sale of land 50,000 Cash balance, June 30, 2015 32.000 Choose from any list or enter any number in the input fields and then cick Check Answer.
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