(Solved by Humans)-Problem 16-11 (LO 2) Internal service fund, statement of cash ?ows. Prepare a statement of cash...
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Problem 16-11 (LO 2) Internal service fund, statement of cash flows. Prepare a statement of cash flows for the internal service fund of the city of Donville from the following information: Cash on hand at the beginning of the year . . . . . . . . . . . . . $ 122 Interest from investments . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 Wages and salaries paid . . . . . . . . . . . . . . . . . . . . . . . . . . (3,470) Purchases of supplies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (1,650) Collections (for services) from other funds . . . . . . . . . . . . . . 6,380 Interest paid on long-term debt . . . . . . . . . . . . . . . . . . . . . . (150) Repayment of loans from other funds. . . . . . . . . . . . . . . . . . (880) Purchase of capital assets . . . . . . . . . . . . . . . . . . . . . . . . . . (900) Proceeds of revenue bonds . . . . . . . . . . . . . . . . . . . . . . . . . 800 Purchase of investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . (440) Proceeds from sale of capital assets . . . . . . . . . . . . . . . . . . 23 Proceeds from sale of investments . . . . . . . . . . . . . . . . . . . . 33 Loans from other funds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600
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This question was answered on: 10 May, 2025
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