STATEMENT OF CASH FLOWS Refer to Problem 23-9A. The following additional information was obtained from Muellers financial

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STATEMENT OF CASH FLOWS Refer to Problem 23-9A. The following additional information was obtained from Mueller’s financial statements and auxiliary records for the year ended December 31, 20-2:

Acquired a new warehouse.......$120,000

Bought new warehouse equipment.....80,000

Issued a note to the bank........40,000

Issued additional common stock:

Par value...............50,000

Paid-in capital in excess of par........20,000

Declared and paid cash dividends.....30,000

REQUIRED

Prepare a statement of cash flows for Mueller for the year ended December 31, 20-2.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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