E 1 – 3 8B (L earn i ng Obj ec tiv e 5: Cons t r u c t a s t a t e m en t o f cash fl o w s ) Refer

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E1-38B (Learning Objective 5: Construct a statement of cash flows) Refer to the data in Exercises 1-36B and 1-37B.

▶ Requirement

1.    Prepare the statement of cash flows of Croyden Copy Center, Inc., for the month ended July 31, 2013. Using Exhibit 1-11 as a model, show with arrows the relationships among the

income statement, statement of retained earnings, balance sheet, and statement of cash flows.

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