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All rights reserved: Dr. Robert R. McWhorter - Financial Accounting: Chapter 14 7 Bevo...

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Accounting

All rights reserved: Dr. Robert R. McWhorter - Financial Accounting: Chapter 14
7
Bevo Hardware, Inc.
Statement of Cash Flows
Year Ended September 30,2018
Cash Flows From Operating Activities:
Net Income
Adjustments to reconcile Net Income to Net Cash
Provided by Operating Activities:
Depreciation Expense
Decrease in Accounts Receivable
Increase in Merchandise Inventory
Increase in Accounts Payable
Decrease in Accrued Liabilities
$1.q,
49.000
Net Cash provided by Operating Activities
Cash Flows From Investing Activities:
Cash paid for Plant Assets
q,
q,
Net Cash Provided or (Used) for Investing Activities
Cash Flows From Financing Activities:
Cash from the sale of Common Stock
Cash paid on Note Payable
(103,000)q, See details at bottom of page 6
(72,000)
5,000
Net Cash Provided or (Used) for Financing Activities
Net increase or (decrease) in Cash
Cash Balance, September 30,2017
36,000
Cash Balance, September 30,2018q,
q,
Non-cash Investing and Financing Activities:
q,
q,
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