Question: Enabled: Asignacion - Capitulo 16 i Additional Information a. A$30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. b.


Enabled: Asignacion - Capitulo 16 i Additional Information a. A$30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. b. The only changes affecting retained earnings are net income and cash dividends paid. c. New equipment is acquired for $70,600 cash. A Domitind maeh farthn onla af anitinmant thathad eart GGt knn waldinn o e2 ann anin d. Received cash for the sale of equipment that had cost $61,600, yielding a $3,300 gain. e. Prepaid Expenses and Wages Payable relate to Operating Expenses on the income statement f. All purchases and soles of inventory are on credit. Required: (1) Prepare a statement of cash flows using the indirect method for the year ended June 30,2021. Note: Amounts to be deducted should be indicated with a minus sign
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