Chap018-baker 21

Chap018-baker 21 - (105,000) Cash Flows from Investing...

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Chapter 18 - Governmental Entities: Special Funds and Government-Wide Financial Statements 18-21 E18-8 (continued) d. Augusta MUD Enterprise Fund Statement of Cash Flows For the Year Ended December 31, 20X1 Cash Flows from Operating Activities: Cash Received from Customers $ 432,000 Cash Payments for Goods and Services (325,000) Cash Paid to Internal Service Fund for Supplies (12,400) Net Cash Provided by Operating Activities $ 94,600 Cash Flows from Noncapital Financing Activities: Cash Received from General Fund for Noncapital Loan $ 30,000 Net Cash Provided by Noncapital Financing Activities 30,000 Cash Flows from Capital and Related Financing Activities: Interest on Capital-Related Debt $(30,000) Extension of Service Lines (75,000) Net Cash Used for Capital and Related Financing Activities
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Unformatted text preview: (105,000) Cash Flows from Investing Activities-0-Net Increase in Cash $ 19,600 Cash at Beginning of Year 92,000 Cash at End of Year $111,600 Reconciliation of Operating Income to Net Cash Provided by Operating Activities: Operating Income $ 38,500 Adjustments to Reconcile Operating Income to Net Cash Provided by Operating Activities: Depreciation $ 32,000 Change in Assets and Liabilities: Decrease in Inventory and Supplies 2,800 Decrease in net Accounts Receivable 18,300 Increase in Vouchers Payable 3,000 Total Adjustments 56,100 Net Cash Provided by Operating Activities $ 94,600 [Note that interest paid on capital-related debt is reported in cash flows from capital and related financing activities and not in the operating activities.]...
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