tabletableGOLDEN CORPORATIONStatement of Cash FlowsFor Current Year Ended December Cash flows from operating activitiesCash received from customersCash paid for inventoryCash paid for other expensesCash paid for income taxes$Cash flows from investing activitiesCash paid for equipmentCash received from sale of equipmentCash flows from financing activitiesCash borrowed on shortterm noteCash paid on longterm noteCash received from issuing stockNet increase decrease in cash,$Cash balance at December prior yearCash balance at December current year,$
Golden Corp.s current year income statement, comparative balance sheets, and additional information follow. For the year, all sales are credit sales, all credits to Accounts Receivable reflect cash receipts from customers, all purchases of inventory are on credit, all debits to Accounts Payable reflect cash payments for inventory, Other Expenses are all cash expenses, and any change in Income Taxes Payable reflects the accrual and cash payment of taxes.
Additional Information on Current Year Transactions
a Purchased equipment for $ cash.
b Issued shares of common stock for $ cash per share.
c Declared and paid $ in cash dividends.
Need help with statement of cash flows