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)

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 $540,000.(b)Cash dividends declared, but not paid of $41,000.(c)Redemption of bonds payable of $308,000.(d)Purchase of equipment using a note payable of $58,000.


Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash ows. (3) Net income is $540,000. (b) Cash dividends declared, but not paid of $41,000. (c) Redemption of bonds payable of $308,000. (d) Purchase of equipment using a note payable of $58,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. if no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit (a) (b) (C)
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