Below is a summary of all the transactions of Sampson Consulting for the month of April 2012.
Prepare a statement of cash flows for the month of April,properly classifying each of the transactions into operating,investing,and financing activities.The cash balance at the beginning of April is $14,800.
Definitions:
Reverse Transcriptase
An enzyme that catalyzes the formation of DNA from an RNA template, used by retroviruses in their replication process.
Retroviruses
A group of RNA viruses that insert a DNA copy of their genome into the host cell to replicate, associated with certain cancers and HIV.
RNA Genome
The collection of RNA molecules that encode the genetic information of organisms whose chromosomes are composed of RNA, such as certain viruses.
mRNA
Messenger RNA, a type of RNA that carries genetic information from DNA to the ribosome for protein synthesis.
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