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ACC305 Wk 2 E4-19 - Wainwright Corporation.doc

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 !"#
$%&
'(#)( #*+","#-
# "#.'+(/ 
+ #' /+(#(00-1.(-.'
2'3 4+4 
"'5(5 6+'
Exercise 4-19
Requirement 1
Financing Investing Operating
1. $300,000
2. $(10,000)
3.
4.
5. $ (5,000)
6. (6,000)
7. (70,000)
8. 55,000
9.
__________ __________ __________
$300,000 $(10,000) $(26,000) = $264,000
Requirement 2
Wainwright Corporaon
7 8(
899+2
Cash ows from operang acvies:
((  6+
3#  -+.

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3# # -:+.
3#(  ( -;+.
<4 " 6-2:+.
Cash ows from invesng acvies:
3 % -+.
<4 "" -+.
Cash ows from nancing acvies:
 0 +
<4 *" +
< 2:+
%"(+9 +
%"(+9 6+
Noncash invesng and nancing acvies:
%6+ %5## ((&
  % 6+
 +
< 6+

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E4-19 - Wainwright Corporation - ACC305 Intermediate Accounting I - Ashford University Required: 1. Analyze each transaction and classify each as a financing, investing and/or operating activity (a transaction can represent more than one type of activity). In doing so, also indicate the cash effect of each, if any. If there is no cash effect, simply place a check mark (?) in the appropriate column(s). 2. Prepare a statement of cash flows, using the direct method to present cash flows from operating activities. Assume the cash balance at the beginning of the month was $40,000. Exercise 4-19 Requirement 1 Financing Investing Operating 1. $300,000 2. ? $(10,000) 3. ? 4. ? 5. $ (5,000) 6. (6,000) 7. (70,000) 8. 55,000 9. ? __________ __________ __________ $300,000 $(10,000) $(26,000) = $264,000 Requirement 2 Wainwright Corporation Statement of Cash Flows For th ...
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