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Bronco consulting statement of Cash Flows for the Month Ended August 31, Cash flows from (used for) operating activities are:
Bronco Consulting
Statement of Cash Flows
For the Month Ended August 31, 20Y1
Amount($) Amount($)
Cash flows from operating activities:
Cash receipts from customers 31,540
Cash payments for expenses and payments to creditors(Working note) -29,060
Net cash flow used for operating activities 2,480
Cash flows from investing activities -
Cash flows from financing activities:
Cash received from issuing common 32,180
Cash paid for dividends -8,000
Net cash flow from financing activities 24,180
Net increase in cash 26,660
Cash balance, August I, 20YI -
Cash balance, August 31, 20YI 26,660
Working note
Rent expense 8,700
Auto expense 4,180
miscellaneous expense 1,930
Salaries expense 12,900
total expense 27,710
Accounts payable 1,350
Total cash payment for an expense
& creditors thus is 29,060
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