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Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Total adjustments Answer Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Cash flow from investing activities Please answer all parts of the question. MUG SHOTS, INC. Statement of Cash Flows For Month Ended December 31 Cash flow from operating activities Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Adjustments: Depreciation expense Answer Adjust for changes in: Accounts receivable Answer Inventory Answer Prepaid rent Answer Unearned revenue Answer Accounts payable Answer Wages payable Answer Interest payable Answer MUG SHOTS, INC. Statement of Cash Flows For Month Ended December 31 Cash flow from operating activities Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Adjustments: Depreciation expense Answer Adjust for changes in: Accounts receivable Answer Inventory Answer Prepaid rent Answer Unearned revenue Answer Accounts payable Answer Wages payable Answer Interest payable Answer Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earningsSale of equipmentdividendPurchase of equipmentRetained earningsSale of equipment Answer Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Cash flow from financing activities Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earningsSale of equipment Answer Net cash increase Answer Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Total adjustments Answer Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Cash flow from investing activities Please answer all parts of the question. MUG SHOTS, INC. Statement of Cash Flows For Month Ended December 31 Cash flow from operating activities Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Adjustments: Depreciation expense Answer Adjust for changes in: Accounts receivable Answer Inventory Answer Prepaid rent Answer Unearned revenue Answer Accounts payable Answer Wages payable Answer Interest payable Answer MUG SHOTS, INC. Statement of Cash Flows For Month Ended December 31 Cash flow from operating activities Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Adjustments: Depreciation expense Answer Adjust for changes in: Accounts receivable Answer Inventory Answer Prepaid rent Answer Unearned revenue Answer Accounts payable Answer Wages payable Answer Interest payable Answer Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earningsSale of equipmentdividendPurchase of equipmentRetained earningsSale of equipment Answer Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Cash flow from financing activities Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earnings Sale of equipment Answer Answer: Cash beginning of period Cash end of period Income tax payable Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used for financing activities Net cash used for investing activities Net cash used for operating activities Net incomePayment of dividend Purchase of equipment Retained earningsSale of equipment Answer Net cash increase

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