The following schedule of cash receipts and payments relates to Zuercher Elements for the year 2019:
Zuercher had $108,000 cash to start 2019 and ended the year with $246,000 cash.
Required:
In good form, prepare a 2019 statement of cash flows for Zuercher Elements using the direct method.

Question

The following schedule of cash receipts and payments relates to Zuercher Elements for the year 2019:
  Zuercher had $108,000 cash to start 2019 and ended the year with $246,000 cash.
Required:
In good form, prepare a 2019 statement of cash flows for Zuercher Elements using the direct method.

Quizplus · Accepted Answer

The Answer of The following schedule of cash receipts and payments relates to Zuercher Elements for the year 2019:
  Zuercher had $108,000 cash to start 2019 and ended the year with $246,000 cash.
Required:
In good form, prepare a 2019 statement of cash flows for Zuercher Elements using the direct method.

The Following Schedule of Cash Receipts and Payments Relates to Zuercher