Tidwell Company experienced the following during 20X1:
Prepare the net cash from financing activities section of the statement of cash flows.
Calculate the net cash flows from financing activities section of the statement of cash flows.
Cash Flows from Financing Activities:
This category of a cash flow statement includes those activities which help a company to raise cash from creditors and owners. Financing activities basically show those activities that are required to fund a company.
The calculation of net cash flows from financing activities is shown in the table below:
|Cash Flow Statement|
|For the year ended, 20X1|