Indicate in general journal form how the items below would be entered in a worksheet for the
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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 $594,000.
(b)Cash dividends declared, but not paid of $40,000.
(c)Redemption of bonds payable of $300,000.
(d)Purchase of equipment using a note payable of $56,000.
Related Book For
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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