The operations of the Hamilton Hotel, a small hotel operation,
are becoming more complex. Alexander Hamilton, the owner, has asked
for your help in preparing his statement of cash flows. He is able
to present you with balance sheets and some additional
information.
Hamilton Hotel
Balance Sheets
December 31, 2015 and December 31, 2016
Assets
2015
2016
Change
Cash
10,000
6,000
(4,000)
Accounts Receivable
56,500
45,500
(11,000)
Inventory
6,000
6,000
-0-
Investments
20,000
25,000
5,000
Building & Equipment
2,200,000
2,325,000...