During the month of October 2011, Miller Company had the following transactions:
1.   Revenues of $10,000 were earned and received in cash.
2.   Bank loans of $2,000 were paid off.
3.   Equipment of $2,500 was purchased for cash.
4.   Expenses of $7,200 were paid.
5.   Additional shares of capital stock were sold for $6,000 cash.
Assuming that the cash balance at the beginning of the month was $7,450, prepare a statement of cash flows that displays operating, investing, and financing activities and that reconciles the begin- ning and ending cash balances.
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Posted 19 Aug 2017 05:08 PM
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