ACC 305 E4 19 Wainwright Corporation
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ACC 305 E4-19 Wainwright Corporation
E4-19 - Wainwright Corporation - ACC305 Intermediate Accounting I Ashford University
Required:
1.Analyze each transaction and classify each as a financing, investing and/or operating activity (a transaction can represent more than one type of activity). In doing so, also indicate the cash effect of each, if any. If there is no cash effect, simply place a check mark (?) in the appropriate column(s).
2.Prepare a statement of cash flows, using the direct method to present cash flows from operating activities. Assume the cash balance at the beginning of the month was $40,000.
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