62) Use the following information from Artizan, Inc.’s computerized accounting information system to prepare the investing activities section of the statement of cash flows for May.
Beginning cash balance
$15,375
Ending cash balance
39,669
Cash payments for supplies
10,400
Cash paid for rent
1,200
Cash paid for salaries
3,750
Cash received from customers
17,868
Cash paid for interest
150
Cash paid for dividends
200
Cash received from a loan
10,000
Issuance of stock
25,000
Cash paid for studio equipment
12,874
63) Use the following information from Artizan, Inc.’s computerized accounting information system to prepare the financing activities section of the statement of cash flows for May.
64) Use the following information from Artizan, Inc.’s computerized accounting information system to prepare the statement of cash flows for May using the direct method.
65) Use the following information from Artizan, Inc. to prepare the investing activities section of the statement of cash flows for May.
$21,470
63,735
Net change in accounts receivable
1,800
Net change in inventory
(2,675)
Net change in accounts payable
(890)
Depreciation expense
8,000
Net income
23,450
625
9,000
Purchase of treasury of stock
3,780
Cash received from sale of studio equipment
6,235
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