Home / Questions / Based upon the cash flow information provided below for the year ended December 31, 2011,
Based upon the cash flow information provided below for the year ended December 31, 2011, prepare a cash flow statement for the Bloomfield Municipal Golf Course, an enterprise fund.
Green fees received$400,000
Membership fees received160,000
League outing fees received90,000
Interest revenue received2,000
Cash received from short-term note payable (not used
for capital assets)75,000
Payments to employees350,000
Payments to suppliers198,000
Cash paid to the General Fund - Noncapital loan60,000
Payments for capital improvements85,000
Interest paid on short-term loan (loan not used for capital assets)5,000
Unrestricted cash and cash equivalents, January 1, 201117,000
Dec 07 2019 Read more Less More
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