Fundamental Accounting Principles
24th Edition
ISBN: 9781259916960
Author: Wild, John J., Shaw, Ken W.
Publisher: Mcgraw-hill Education,
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Textbook Question
Chapter 1, Problem 6APSA
Problem 1-6A Preparing a statement of cash flows P2
Following is selected financial information of Kia Company for the year ended December 31. 2019.
Cash used by investing activities $(2,000) Cash from operating activities $6,000 Net increase in cash 1.200 Cash, December 31, 2018 2,300 Cash used by financing activities (2,800)
Required
Prepare the 2019 year-end statement of cash flows for Kia Company.
Check Cash balance, Dec. 31, 2019, $3,500
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Fundamental Accounting Principles
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