Indicate in general journal form how the items below would be entered in a worksheet for the
Question:
Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash flows.
a. Net income is ¥317,000,000.
b. Cash dividends declared and paid totaled ¥120,000,000.
c. Equipment was purchased for ¥114,000,000.
d. Equipment that originally cost ¥40,000,000 and had accumulated depreciation of ¥32,000,000 was sold for ¥10,000,000.
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a Net income is 317000000 This would be entered as a debit to the Net Income account and a credit ...View the full answer
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Related Book For 
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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