(Solved): 2 Below are cash transactions for Stellar Service Company which provides financial consulting servic ...
2 Below are cash transactions for Stellar Service Company which provides financial consulting services. 4 5 Step 1: 6 Label each item as Operating, Investing, Financing or Non Cash. 7 8 Step 2: 9 Label each item as: Cash Inflow or Outflow or Non cash 10 \table[[11,,Amount:,Description:,Type: (O/I/F/Noncash),Inflow/Outflow or Noncash:],[12,
1,2,400,Cash used to purchase office supplies,Operating,Outflow],[13,2 ),50,600,Cash received from consulting to customers,,],[14,
3,83,000,Cash used for the purchase of computer equipment,,],[15,
4,70,000,Cash received from bank loan,,],[16,
5,25,000,Cash used to pay employee salaries,,],[17,
6,13,000,Cash used to pay office rent,,],[18,
7,23,500,Cash received from the sale of office furniture,,],[19,
8,45,000,Cash used to repay a portion of the bank loan,,],[20,
9,5,300,Cash used to pay office utilities,,],[21,
10,16,000,Purchase of a company vehicle by borrowing,,]] 22
