Unformatted text preview: $108,000 Stockholders' Equity Capital stock i Retained earnings j k. Total liabilities and stockholders' equity l. 4. MIRAMAR REALTY, INC. Statement of Cash Flows For the Month Ended July 31, 2011 Cash flows from operating activities: Cash received from customers $117,000 Deduct cash payments for expenses 67,500 Net cash flows from operating activities m. Cash flows from investing activities: Cash payment for purchase of land (180,000) Cash flows from financing activities: Cash received from sale of capital stock $90,000 Cash received from notes payable n. o. Deduct cash dividends 9,000 Net cash flows from financing activities p. Net increase in cash q. July 1, 2011, cash balance r. July 31, 2011, cash balance s. Instructions...
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This note was uploaded on 02/29/2012 for the course ACCG 101 taught by Professor Ali during the Spring '12 term at American Dubai.
- Spring '12