XYZ Company had the following transactions during the year: Net Loss. ($54,000) Depreciation $42,000 $52,500 $21,750...

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XYZ Company had the following transactions during the year: Net Loss. ($54,000) Depreciation $42,000 $52,500 $21,750 $51,000 $10,050 $2,700 Increase in accounts receivable. Decrease in inventories Increase in accounts payable Decrease in income taxes payable Decrease in wages payable Proceeds on Sale of Equipment... Repayment of bonds $570,000 $375,000 Issuance of Common shares $150,000 Proceeds on sale of land $225,000 Gain on sale of land $30,000 Payment of dividends $15,000 Determine the cash from different activities and total change in cash. Show your Work (30 Marks) XYZ Company had the following transactions during the year: Net Loss. ($54,000) Depreciation $42,000 $52,500 $21,750 $51,000 $10,050 $2,700 Increase in accounts receivable. Decrease in inventories Increase in accounts payable Decrease in income taxes payable Decrease in wages payable Proceeds on Sale of Equipment... Repayment of bonds $570,000 $375,000 Issuance of Common shares $150,000 Proceeds on sale of land $225,000 Gain on sale of land $30,000 Payment of dividends $15,000 Determine the cash from different activities and total change in cash. Show your Work (30 Marks)

Answer rating: 100% (QA)

Determine the cash from different activities and the total change in cash Cash flows from operating ... View the full answer