The comparative balance sheets of Constantine Cavamanlis Inc. at the beginning and the end of the year
Question:
Net income of $44,000 was reported and dividends of $23,000 were paid in 2008. New equipment was purchased and none was sold.
Instructions
Prepare a statement of cash flows for the year2008.
Transcribed Image Text:
Constantine Cavamanlis Inc. Inc./Dec 17,000 Inc. Less: Accumulated depreciation $158,000 Liabilities and Stockholders' E Accounts payable Common stock Retained eanings 21,000 Inc. 2
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Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
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