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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
TCO F) Internal Service Fund, Statement of Cash Flows. Prepare a statement of cash flows for the internal service fund for the city of Pearman from the following information:
Cash on hand at the beginning of the year                                   $185
Interest on investments                                                            244
Wages and salaries paid                                                      (3,120)
Purchases of supplies                                                          (1,250)
Collections (for services) from other funds                                 6,000
Interest paid on long-term debt                                                   (215)
Repayment of loans from other funds                                          (715)
Purchase of capital assets                                                         (920)
Proceeds of revenue bonds                                                       920
Purchase of investments                                                            (475)
Proceeds from sale of capital assets                                              36
Proceeds from sale of investments                                                 55
Loans from other funds                                                                575 (Points : 40)
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