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

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. (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 O for the amounts.) Account Titles and Explanation Debit Credit (a) (b) (c) (d)

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