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 $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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