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    DELLA TECSON
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    Arrowhead Delivery Service's statement of cash flows for January 2020 shows that they had $11,020 net cash from operating activities, including $145,000 cash received from a client and payments of $25,000 to creditors, $23,000 in taxes and licenses, $82,000 in insurance, and $10,700 in employee salaries. They had $1,955,000 net cash from investing activities, primarily from selling a truck for $2,500,000 while buying land for a $545,000 warehouse. Financing activities provided $110,000 in cash from a $128,500 investment and $18,500 in withdrawals. Total cash increased by $1,076,020 to $1

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    CF&AS ACTIVITY

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    Arrowhead Delivery Service's statement of cash flows for January 2020 shows that they had $11,020 net cash from operating activities, including $145,000 cash received from a client and payments of $25,000 to creditors, $23,000 in taxes and licenses, $82,000 in insurance, and $10,700 in employee salaries. They had $1,955,000 net cash from investing activities, primarily from selling a truck for $2,500,000 while buying land for a $545,000 warehouse. Financing activities provided $110,000 in cash from a $128,500 investment and $18,500 in withdrawals. Total cash increased by $1,076,020 to $1

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    11 views2 pages

    ACTIVITY

    Uploaded by

    DELLA TECSON
    Arrowhead Delivery Service's statement of cash flows for January 2020 shows that they had $11,020 net cash from operating activities, including $145,000 cash received from a client and payments of $25,000 to creditors, $23,000 in taxes and licenses, $82,000 in insurance, and $10,700 in employee salaries. They had $1,955,000 net cash from investing activities, primarily from selling a truck for $2,500,000 while buying land for a $545,000 warehouse. Financing activities provided $110,000 in cash from a $128,500 investment and $18,500 in withdrawals. Total cash increased by $1,076,020 to $1

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Arrowhead Delivery Service

    Statement of Cash Flows


    For the month of January 1, 2020

    Cash Flows from Operating Activities


    Paid creditors on account -25,000
    Cash received from a client 145,000
    Payment form tax and licenses -23,000
    Payment of insurance -82,000
    Paid employee's salary -10,700
    Collection from a delivery service 25,220
    Bought supplies for the delivery trucks -18,500
    Net cash provided by (used in) operating activities
    Cash Flows from Investing Activities
    Bought a land for warehouse -545,000
    Selling 10 wheeler truck 2,500,000
    Net cash provided by (used in) investing activities
    Cash Flows from Financing Activities
    Additional cash investment 128,500
    Mr. Andrews withdrawals -18,500
    Net cash provided by (used in) financing activities
    Net Increase or Decrease in Cash
    Cash balance at the beginning of the period
    Cash balance at the end of the period
    11,020

    1,955,000

    110,000
    1,076,020
    728,000
    1,804,020

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