60.1K

Verified Solution

Link Copied!

Middleton Gold Ounched ingewandter 2001 Point 123 of SAV Prepare to Go into con tons for your wedS2021 Thecde todos os Start by completing the cash fons from operating to the cost of our compress born to be Molton Golf Club, Statement of Cash Flow (Direct Method Data table Year Ended September 2021 Cashflows from operating activities Collections from 201.000 Coul 10.000 Pay Parts to 100.000 Pcstrom 500.000 Pachet of 3000 Payment to my Payployees 72.000 de Payment of income tax 19.000 Payment op 600 Colecione You cash payments 154) Procesom 6.000 Match provided by used for operating at 17.000 DOBO 4100 Cash flows from investing activities 4.000 72.000 35.000 000 201 000 0.000 5900 Print Done Niet cath provided by used for at Microton Golf Club, Inhas assembled the following data for the year ended September 30, 2021 Click the icon to view the data) Propre Middelen Gar Club' tatement of carn how to the yewended September 30, 2001. The company on the wet menad tor perwing con tom. Bhart by completing the con tow him operating activites vecton. The complete each section of the story of canh town. (Un prethod or a minut syntynunters to be used and for a part decretum com Midton Golf Club, Inc. Statement of Cash Flows (Direct Method) Year Ended September 30, 2001 Data table Cash flows from operating activities Collections from customer 201.000 Cash payment Cost of goodud $ 101.000 Payment of didends 4,000 Payments to suppliers 100.000 Proceeds from and Payments to super S (193.0001 Purchase of women with cash 35,000 Payments to employees formen 072.000 20,000 Payments compiers 72,000 Si vero 925.030 Payment of income tax 9.000 Payment of nice payable 15,000 Collections from customer 209,000 Total cash payments 115400 Proceeds from someone 40,000 Payment of internet 2.000 Net cash provided by used for operating at 17.000 Decreation ponte 4.000 Purchase of tryck 5.000 Cash flows from investing activities Print Done Net cash provided by used for investing activities Middleton Golf Club, Inc., has assembled the following data for the year ended September 30, 2021: (Click the icon to view the data.) Prepare Middleton Golf Club's statement of cash flows for the year ended September 30, 2021. The company Start by completing the cash flows from operating activities section. Then complete each section of the statem Middleton Golf Club, Inc. Statement of Cash Flows (Direct Method) Year Ended September 30, 2021 Cash flows from operating activities: Collections from customers Cash payments: Payments to suppliers $ (103,000) Payments to employees (72,000) Payment of income tax (9,000) $ 201,000 Total cash payments Net cash provided by (used for) operating activities Cash flows from investing activities: (184,000) 17,000 in Net cash provided by (used for) investing activities s the direct method for operating cash flows. of cash flows. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Data table $ 4,000 Cost of goods sold Payments to suppliers Purchase of equipment with cash Payments to employees Payment of note payable Proceeds from sale of land Depreciation expense $ 101,000 Payment of dividends 103,000 Proceeds from issuance 35,000 of common stock 72,000 Sales revenue 15,000 Collections from customers 46,000 Payment of income tax 4,000 Purchase of treasury stock 25,000 225,000 201,000 9,000 5,900

Answer & Explanation Solved by verified expert

See Answer