Statement of Cash Flows Refer to the information provided in Cornerstone Exercises 15-19, 15-20,…
Statement of Cash Flows Refer to the information provided in Cornerstone Exercises 15-19, 15-20, and 15-21.
Required:
1. Prepare a statement of cash flows for Blaylock Company for 2012.
2. What is the relationship between the statement of cash flows and the change in cash calculated in Cornerstone Exercise 15-18?
Exercise 15-18
Change in Cash Blaylock Company provided the following information:
Required:
1. Calculate the change in cash.
2. Explain the role of the change in cash flow in the statement of cash flows.