The following cash transactions occurred during the period. Fill in the statement of cash flows...
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Accounting
The following cash transactions occurred during the period. Fill in the statement of cash flows on the left following US GAAP. Use the direct method for calculating cash flow from Operating Activities.
ACCORDING TO US GAAP Company B statement of Cash Flows as of June 3O, 2014 INTEREST PAID ON LOAN $16,000 OPERATING ACTIVITIES CASH COLLECTIONS FROM $200,000 CUSTOMERS SOURCES: SALE OF USED PLANT 527,000 EQUIPMENT FOR CASH TOTAL SOURCES 50 CASH DMDEND RECEIVED (USES:) TOTAL (USES: 50 TOTAL OPERATING ACTVITIES 50 INVESTING ACTIVITIES SOURCES: TOTAL SOURCES 50 USES:) TOTAL (USES: 50 TOTAL INVESTING ACTIVITIES 50 FINANCING ACTIVITIES SOURCES: TOTAL SOURCES: 50 USES:) TOTAL (USES: 50 TOTAL FINANCING ACTIVITIES 50
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