At the end of the year, Campus Properties statement of cash flows reported the following for investment
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1. For each item listed, make the journal entry that placed the item on Campus Properties statement of cashflows.
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A1 Campus Propertles Consolidated Statement of Cash Flows (Partial) Cash flows from Investing Activities: 3Notes receivable collected 2,515,000 13,030,000) 630,000 438,000 557 9001 (4,900) Purchases of short-term investments Proceeds from sales of equipment 6 Proceeds from sales of investments(cost of $430,000 Expenditures for property and equipment Net cash used by investing activities Cost $4,30B,0K; Aceumulated depreciation, $3,670,0IX
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Journal DATE ACCOUNT TITLES AND EXPLANATION DEBIT CREDIT Cash 2515000 ...View the full answer
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Related Book For
Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
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