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serious [3.7K]
2 years ago
13

A summary of cash flows for Hurley Travel Service for the year ended March 31, 20Y6 is shown below. Cash receipts: Cash received

from customers $297,560 Cash received from issuing common stock 20,800 Cash payments: Cash paid for operating expenses 229,120 Cash paid for land 70,500 Cash paid for dividends 4,000 The cash balance as of April 1, 20Y5, was $88,490. Prepare a statement of cash flows for Hurley Travel Service for the year ended March 31, 20Y6. Use the minus sign to indicate cash outflows, cash payments and decreases in cash.
Business
1 answer:
alukav5142 [94]2 years ago
4 0

Answer:

You would have to subtract 20,800 and 70,500

Explanation: also subtract any smaller payment made

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