Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a summary of cash flows for westward travel servic

A summary of cash flows for Westward Travel Service for the year ended October 31,...

60.1K

Verified Solution

Question

Accounting

A summary of cash flows for Westward Travel Service for the year ended October 31, 2014, is shown below. Cash receipts: Cash received from customers $247,840 Cash received from additional investment of owner 14,900 Cash payments: Cash paid for operating expenses 198,270 Cash paid for land 51,100 Cash paid to owner for personal use 3,100 The cash balance as of November 1, 2013, was $113,120.

Prepare a statement of cash flows for Westward Travel Service for the year ended October 31, 2014. Use the minus sign to indicate cash outflows, cash payments and decreases in cash.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

A classifier is trained on a cancer dataset, and achieves 96% accuracy on new observations. Why...

Medical Sciences
1.2K views

3. If one or both testes do not complete the migration into the scrotum and remain...

Geometry
1.2K views

7 2 3 7 7 9 5 9 7 7 11 10 7 8 1

Basic Math
1.2K views

In the xy plane, a line crosses the y axis at point (0, 4) and...

Calculus
1.2K views

Evaluate the integral K S 6x 24 x 8x 12

Accounting
1.2K views

s there a problem ?

Accounting
1.2K views

the answer must be clear and need typed answer How would you undertake...

Accounting
1.2K views

Prepare journal entries to record the following four separate issuances of stock 1. A corporation...

Accounting
1.2K views

Segn la experiencia de Lizzie Shoes, es poco probable que se canjeen las tarjetas de...

Accounting
1.2K views

Sandhill Corporation began the year with retained earnings of $945000. During the year, the company...

Accounting
1.2K views

Blossom Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead...

Accounting
1.2K views

im not sure how to do the income and balance sheet