Jet Styling Has the Following Beginning Cash Balance and Cash Beginning cash balance ................... $3,200
Question 300
Question 300
Essay
Jet Styling has the following beginning cash balance and cash transactions for the month of January.Using this information prepare a statement of cash flows. a. Beginning cash balance ................... $3,200 b. Cash received from stock issuance.... 15,000 c. Cash payment toward long-term loan 1,000 d. Cash payment of rent ....................... 1,800 e. Purchased equipment for cash .......... 7,500 f. Purchased store supplies for cash ...... 1,500 g. Cash collected from customers ......... 7,750 h. Cash dividends paid ......................... 2,000 i. Cash payment of wages .................... 4,000
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