Question: Ly Assignment 5 (Question 3) ~ Lyryx Learning Inc - Google Chrome - X lifa1.lyryx.com/student-servlets/LabServlet?ccid=11218 Bentley Inc. began operations on January 1, 2013. Its adjusted

Ly Assignment 5 (Question 3) ~ Lyryx Learning Inc
Ly Assignment 5 (Question 3) ~ Lyryx Learning Inc - Google Chrome - X lifa1.lyryx.com/student-servlets/LabServlet?ccid=11218 Bentley Inc. began operations on January 1, 2013. Its adjusted trial balance at December 31, 2014 and 2015 is shown below. Other information regarding Bentley Inc. and its activities during 2015 follow in (a) through (e) : a. Assume all accounts have normal balances. b. Equipment was sold for cash of $29,600. c. Old machinery was sold for cash of $41,100. New machinery was purchased for $47,000 cash. d. Share capital was issued for cash. e. Cash dividends were declared and paid. Using the information provided, prepare a statement of cash flows (using the indirect method) for the year ended December 31, 2015. Bentley Inc. (select one) Adjusted Trial Balance Statement of Cash Flows December 31 (select one) Account 2015 2014 X HH Accounts Payable 66,380 58,000 X + + Accounts Receivable. 51,500 54,875 X + + Accumulated Depreciation, Equipment 4,300 45,000 Accumulated Depreciation, Machinery. 12,000 52,500 X + + Allowance for Doubtful Accounts. 2,500 10,875 X + + Depreciation Expense, Equipment. 9,200 9,200 Depreciation Expense, Machinery. 9,800 9,800 Cash 315,250 280,000 Cash Dividends 48,000 48,000 Equipment 37,100 114,000 Machinery. 91,700 137,000 Merchandise Inventory. 141,700 119,500 Long-term Notes Payable. 70,310 85,000 Other Expenses (including losses) 500,000 15,000 Retained earnings 73,000 68,000 Revenues (including gains) 562,000 87,000 Share capital. 368,000 338,000 Unearned Revenue. 45,760 43,000 Type here to search O 9.C Cloudy ~ CD ( () ENG 17:05 17-11-2021

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