Question

Noble Company’s accounting records provided the following changes in account balances and other information for 2016:
Additional information'. Net income was $9,900. Dividends were declared and paid. Land was sold for $1,700. No land was purchased. A building was purchased for $23,000. No buildings and equipment were sold. Bonds payable were issued at the end of the year. Two hundred shares of stock were issued for $15 per share. The beginning cash balance was $4,800.
Required:
Using visual inspection, prepare a 2016 statement of cash flows for Noble.


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  • CreatedOctober 05, 2015
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