Prepare a statement of cash flow for the month ended july

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Reference no: EM13257719

Eduardo Inc. was organized on July 1, 2009. A summary ofcash flows for July follows.

Cash receipts:

Cash received fromcustomers $169,200

Cash received for capitalstock 648,000

Cash received from notepayable 72,000

Cash payments:

Cash paid out forexpenses $ 60,120

Cash paid out for purchase ofequipment 540,000

Cash paid asdividends 36,000

Prepare a statement of cash flow for the month ended July 31,2009.

Reference no: EM13257719

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