Question

Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. Within each section of the statement, use the drop- down menus to enter the accounts. Then enter the account balances and calculate ending balances. Enter decreases in cash with a minus sign or parentheses. Cash balance, December 1, 2016 is $18,400 Transactions Dec 1 The owner contributed an additional $8,100 cash to the business in exchange for capital 7 Purchased equipment for $2,000 on account. 14 Paid $20,100 cash for land 17 Paid cash expenses: office rent, $1,700; employees' salaries, $1,200; utilities, $100. 23 The owner withdrew $2,400 26 Earned service revenue for the month, $5,000, receiving cash

          Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December
31, 2016 from the provided information. Within each section of the statement, use the drop-
down menus to enter the accounts. Then enter the account balances and calculate ending
balances. Enter decreases in cash with a minus sign or parentheses.
Cash balance, December 1, 2016 is $18,400
Transactions
Dec
1
The owner contributed an additional $8,100 cash to the business in exchange for capital
7
Purchased equipment for $2,000 on account.
14 Paid $20,100 cash for land
17 Paid cash expenses: office rent, $1,700; employees' salaries, $1,200; utilities, $100.
23 The owner withdrew $2,400
26 Earned service revenue for the month, $5,000, receiving cash

Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December
31, 2016 from the provided information. Within each section of the statement, use the drop-
down menus to enter the accounts. Then enter the account balances and calculate ending
balances. Enter decreases in cash with a minus sign or parentheses.
Cash balance, December 1, 2016 is 18,400
Transactions
Dec
1
The owner contributed an additional8,100 cash to the business in exchange for capital
7
Purchased equipment for 2,000 on account.
14 Paid20,100 cash for land
17 Paid cash expenses: office rent, 1,700; employees' salaries,1,200; utilities, 100.
23 The owner withdrew2,400
26 Earned service revenue for the month, 5,000, receiving cash

Added by Julian A.

Question

Please give Ace some feedback