A company uses the indirect method to prepare the statement of cash flows. Indicate whether each of
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11,000 Cash 61,000 a. Equipment b. Furniture and Fixtures c. Cash Cash 11,000 Common Stock 10,000 Capital in Excess of Par Cash Long-Term Investment Note Payable-Long-Term Cash Accumulated Depreciation Cash 18,000 51,000 13,000 7,000 105,000 12,000 5,000 15,000 Cash 18,000 h. Dividends Payable 52,000 Accounts Receivable i. Cash 11,000 14,000 e. Loss on Disposal of Equipment 1,000 35,000 7,000 Service Revenue Cash Equipment, Net Cash 63,000 14,000 1,000 35,000 d. Salary Expense Building K. Treasury Stock I.Depreciation Expense m. Land 105,000 f. Bonds Payable 5,000 15,000
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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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