ACC Exercise 4-19 Wainwright Corporation

Exercise 4-19
Requirement 1 (Completed)
Financing Investing Operating
1. $270,000.00
2. • $-25000.00
3. •
4. •
5. -12000.00
6. -9000.00
7. -55000
8. 36000
9. •
__________ __________ __________
$ = 
 
Requirement 2


Wainwright Corporation
Statement of Cash Flows
For the Month Ended March 31, 2011

Cash flows from operating activities:
Collections from customers
Payment of rent
Payment of one-year insurance premium
Payment to suppliers of merchandise for sale
Net cash flows from operating activities $

Cash flows from investing activities:
Purchase of equipment
Net cash flows from investing activities

Cash flows from financing activities:
Issuance of common stock 
Net cash flows from financing activities
Net increase in cash
Cash and cash equivalents, March 1
Cash and cash equivalents, March 31 $ 


Noncash investing and financing activities:

Acquired $40,000 of equipment by paying cash and issuing a note as follows:
Cost of equipment $ 
Cash paid
Note issued $