Below is a summary of all transactions of Brighton Pets Supplies for the month of...
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Accounting
Below is a summary of all transactions of Brighton Pets Supplies for the month of August Cash Transactions Cash collections from: Customers $ Sale of unused land Issuance of common stock Interest earned on savings account Cash payments for: Employee salaries Delivery truck Advertising expense Office supplies Repayment of borrowing Bedding material Noncash Transactions Sales to customers on account Purchase of materials on account Purchase equipment with promissory note to pay later Prepare a statement of cash flows for the month of August, properly classifying each of the transactions into operating, investing, and financing activities. The cash balance at the beginning of August is $List cash outflows and decrease in cash as negative amounts.
Below is a summary of all transactions of Brighton Pets Supplies for the month of August
Cash Transactions
Cash collections from:
Customers $
Sale of unused land
Issuance of common stock
Interest earned on savings account
Cash payments for:
Employee salaries
Delivery truck
Advertising expense
Office supplies
Repayment of borrowing
Bedding material
Noncash Transactions
Sales to customers on account
Purchase of materials on account
Purchase equipment with promissory note to pay later
Prepare a statement of cash flows for the month of August, properly classifying each of the transactions into operating, investing, and financing activities. The cash balance at the beginning of August is $List cash outflows and decrease in cash as negative amounts.
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