Prepare the operating activities section of Middleburg Golf Club’s statement of cash flows for the year ended

September 30, 2018. The company uses the direct method for operating cash flows.

Cost of Goods Sold        106,000 Payment of Dividends            6,500 Payment to Suppliers        113,000 Proceeds from Issuance of Stock          22,000 Purchase of Equipment for Cash          42,000 Sales Revenue        226,000 Payments to employees          79,000 Collections from Customers        208,000 Payment of Notes payable          23,000 Payment of Income Tax          17,000 Proceeds from sale of land          47,000 Purchase of Treasury Stock            5,700 Depreciation Expense            9,000

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"