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Rolling Meadows Country Club Inc. is a privately owned corporation that operates a golf club....

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Accounting

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Rolling Meadows Country Club Inc. is a privately owned corporation that operates a golf club. Rolling Meadows reported the following inflows and outflows of cash during the year: Rolling Meadows had cash on hand at Jan. 1 (the beginning of the year) of $11,060. Required: Prepare a properly formatted statement of cash flows using the indirect method. Use a minus sign to indicate any decreases in cash or cash outflows. Rolling Meadows Country Club Inc. Statement of Cash Flows For the year ending December 31 Cash flows from operating activities: eBook Increase in pro shop inventory Increase in prepaid insurance Increase in accounts payable Decrease in wages payable Increase in income taxes payable Net cash provided by operating activities Cash flows from investing activities: Cash flows from financing activities: Net cash provided by financing activitien Net increase (decrease) in cash Cash, Jan. 1 Cash, Dec. 31

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