JAY AMURAO ASSIGNMENT

CASH FLOWS STATEMENT

Statement of Cash Flows

INDIRECT METHOD
Cash Flow from Operating Activities
Net Income
Non-Cash Expense
Depreciation Expense 18,000.00
Loss on Sale of Machineries 2,000.00
Changes in Current Assets
Increase in Accounts Receivable (20,000.00)
Decrease in Inventories 15,000.00
Changes in Current Liabilities
Increase in Accounts Payable 4,000.00
Net Cash Flow from Operating Activities
Cash Flow from Investing Activities
Purchase of Land (15,000.00)
Purchase of Buildings (25,000.00)
Net Cash Flow from Investing Activities
Cash Flow from Financing Activities
Payment of Loan Payable - Long Term (10,000.00)
Net Cash Flow from Financing Activities
Net (Decrease) in Cash
Beginning Cash Balance
Cash Balance, End
ASSIGNMENT

28,000.00

20,000.00

(5,000.00)

4,000.00
47,000.00

(40,000.00)

(10,000.00)
(3,000.00)
10,000.00
7,000.00
JAY AMURAO ASSIGNMENT
CASH FLOWS STATEMENT

Statement of Cash Flows

DIRECT METHOD
Cash Flows from Operating Activities
Cash Received from Customer
Payment to Salaries
Payment for Utilities
Net Cash Flow provided by Operating Activities
Cash Flows from Investing Activities
Purchase (5,250.00)
Purchases - Lipton & Co. (5,000.00)
Purchase of Furniture and Fixture (4,000.00)
Net Cash Flow provided by Investing Activities
Cash Flows from Financing Activities
Net Cash Flow provided by Financing Activities
Net (Decrease) in Cash
Cash at beginning of period
Cash End Balance at January 31.
ASSIGNMENT

11,550.00
(5,000.00)
(1,000.00)
5,550.00

(14,250.00)

-
(8,700.00)
80,000.00
71,300.00