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A Summary of Cash Flows for Lopez Wedding Planning for the Year

Question 163

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A summary of cash flows for Lopez Wedding Planning for the year ended December 31, 2011 is shown below.
Cash receipts:
Cashreceived from customers          $57,361 ~~~~~~~~~\$ 57,361
Cashreceived from bank loan          15.000~~~~~~~~~15.000

 A summary of cash flows for Lopez Wedding Planning for the year ended December 31, 2011 is shown below.  Cash receipts: Cashreceived from customers  ~~~~~~~~~\$ 57,361   Cashreceived from bank loan ~~~~~~~~~15.000      Prepare a statement of cash flows for Lopez Wedding Planning for the year ended December 31, 2011. Prepare a statement of cash flows for Lopez Wedding Planning for the year ended December 31, 2011.

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