Solution-Prepare a statement of cash flows for ethos

Prepare a statement of cash flows for ethos consulting

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Reference no: EM13521415

Statement of cash flows

A summary of cash flows for Ethos Consulting Group for the year ended May 31, 2014, is shown below.

Cash receipts:
Cash received from customers	$637,500
Cash received from issuing capital stock	62,500
Cash payments:
Cash paid for operating expenses	475,000
Cash paid for land	90,000
Cash paid for dividends	17,500

The cash balance as of June 1, 2013, was $58,000.

Prepare a statement of cash flows for Ethos Consulting Group for the year ended May 31, 2014.

Reference no: EM13521415

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Prepare a statement of cash flows for ethos consulting : Prepare a statement of cash flows for Ethos Consulting Group for the year ended May 31, 2014.

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Prepare a statement of cash flows for ethos consulting

Reference no: EM13521415

Reference no: EM13521415

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