To prepare its statement of cash flows for the year ended June 30, 2011, Purified Water Company
Question:
Proceeds from bond issue (face value $500,000)....$350,000
Amortization of bond premium ............ 2,750
Dividends declared ............... 19,000
Dividends paid .................. 14,000
Purchase of treasury stock ............ 35,000
Loss on sale of equipment ............ 10,000
Proceeds from sale of equipment ......... 45,000
Requirements
1. Prepare the cash from investing section of the statement of cash flows.
2. Prepare the cash from financing section of the statement of cash flows.
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1 Cash flows from investing activities Proceeds from sale of mach...View the full answer
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Related Book For 
Financial Accounting: A Business Process Approach
ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
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