The following items summarize certain transactions that occurred during the past year for Alta Inc. Show in
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Reported in Statement of Cash Flows Not Reported in Statement of Cash Flows Transaction Operating Investing Financing Collections from customers a. b. Depreciation expense c. Wages and salaries paid d. Cash dividends paid e. Taxes paid f. Utilities paid g. Building purchased in exchange for stock h. Stock of Western Co. purchased i- Inventory purchased for cash Interest paid on Alta's note to local bank k. Interest received from a customer note I. Delivery truck sold at no gain or loss
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Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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