CASH ON HAND

Book Balance 180,000.00

Postdated Check from customer (65,000.00)
Customer NSF Check (20,000.00)

CASH IN BANK
Undelivered check 15,000.00

CASH & CASH EQUIVALENT 110,000.00

 12/31/2020 12/31/2021
Net Credit Sales 400,000.00 500,000.00
AR 75,000.00 95,000.00 10-Aug
ADA 5,000.00 1,000.00 12-Sep

A
Aug. 10 Allowance for Doubtful Accounts - Mikasa
Accounts Receivable - Mikasa

Sept. 12 Allowance for Doubtful Accounts - Armin

Accounts Receivable - Armin

Oct. 10 Accounts Receivable - Mikasa

Allowance for Doubtful Accounts - Mikasa

Cash
Accounts Receivable - Mikasa

Nov. 15 Cash
Accounts Receivable - Mikasa

B Bad debts expense

Allowance for Doubtful Accounts

C Allowance for bad debts

Allowance for Doubtful Accounts
1,000.00 5,000.00 Beg
4,000.00 1,000.00 10-Oct

5,000.00 6,000.00
1,000.00

1,000.00
1,000.00

4,000.00
4,000.00

1,000.00
1,000.00

550.00
550.00

450.00
450.00

4,000.00
4,000.00

1,000.00
 Bertoto Company
Statement of Cash Flows - Operating
For the year ended 2020

Cash flows from operating activities

Net Income 204,000.00
Add:
Depreciation 45,000.00
Increase in Prepaid Expenses 1,000.00
Loss on Sale of Equipment 2,000.00 48,000.00
Total 252,000.00

Less
Increase in AR (9,000.00)

Net cash flows provided by operating activities 243,000.00

 Historia Company
Statement of Cash Flows - Investing
For the year ended 2020

Cash flows from investing activities

Add:
Sale of Investments 45,000.00
Sale of building 132,000.00
Total: 177,000.00
Less:
Acquisition of land and building (320,000.00)

Net cash flows used in investing activities (143,000.00)

 Ereh Company
Statement of Cash Flows - Financing
For the year ended 2008

Cash flows from financing activities

Add: Issuance of stock 14,000.00
Sale of treasury stock 2,000.00
Total 16,000.00

Less:
Dividends paid (2,000.00)
Issuance of notes payable (30,000.00)
Total (32,000.00)

Net cash flow provided by financing activities 16,000.00