Prepare a statement of cash flows for a hypothetical company using appropriate financial data and methods.
Note: Some of the assessments in this course build upon each other, so you are strongly encouraged to complete them in the order in which they are presented.
Assessment Instructions
Using the transactions listed below for Audrey’s Ice Cream Parlor, prepare a statement of cash flows for the month of April 2012. Classify the transactions into appropriate categories (operating activities, investing activities, and financing activities).
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