a summary of cash flows for sunset travel service for the year ended april 30 2014 i 539317
Statement of cash flows
A summary of cash flows for Sunset Travel Service for the year ended April 30, 2014, is shown below.
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a summary of cash flows for sunset travel service for the year ended april 30 2014 i 539317
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Cash receipts: |
|
|
Cash received from customers |
$1,500,000 |
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Cash received from issuing capital stock |
75,000 |
|
Cash payments: |
|
|
Cash paid for operating expenses |
1,215,000 |
|
Cash paid for land |
240,000 |
|
Cash paid for dividends |
66,000 |
The cash balance as of May 1, 2013, was $220,000. Prepare a statement of cash flows for Sunset Travel Service for the year ended April 30, 2014.
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