At the end of the year, City side Properties' statement of cash flows reported the following for
Question:
¢Cost $5,100,000; Accumulated depreciation, $3,691,000.
Requirement
For each item listed, make the journal entry that placed the item on City side Properties' statement of cash flows?
Transcribed Image Text:
A1 Cityside Properties Consolidated Statement of Cash Flows (Partial) 2 Cash flows from Investing Activities 3 Notes receivable collected 4 Purchases of short-term investments 5Proceeds from sales of equipment 6 Proceeds from sales of investments (cost of $500,000) 7 Experes for property and equipment 3,116,000 (3,465,000) 1,409,000 515,000 1,770,000 5(195000) Net cash used by investing activities
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Related Book For
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
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