Games Limited began the 2014 with $98,000 in cash. During 2014, Games earned net income...
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Accounting
Games Limited began the 2014 with $98,000 in cash. During 2014, Games earned net income of $345,000, and adjustments to reconcile net income to net cash provided by operations totalled $78,000, a positive amount. Investing activities used cash of $350,000, and financing activities provided cash of $724,000. Games ended 2014 with total assets of $241,000 and total liabilities of $90,000.
Prepare Games Limited's statement of cash flows for the year ended December 31, 2014. Identify the data items that do not appear on the statement of cash flows and indicate which financial statement reports these items.
Prepare the statement of cash flows.
Prepare the statement of cash flows. (Use parentheses or a minus sign when subtracting numbers or to show a net decrease in cash. Round all numbers to the nearest whole number.)
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Select the items that do not appear on the statement of cash flows and select which statement they do appear on.
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