Chapter 13: Statement of Cash Flows Accounts payable increase Amount OA, IA, or FA (for extra credit only) $ 9,000 Accounts receivable increase 4,000 Salaries payable decrease Amortization expense 3,000 6,000 Cash balance, January 1 22,000 Cash balance, December 31 15,000 Cash paid as dividends 29,000 Cash paid to purchase land Cash paid to retire bonds payable at par 90,000 60,000 35,000 17,000 29,000 4,000 13,000 Cash received from issuance of common stock Cash received from sale of equipment Depreciation expense Gain on sale of equipment Inventory decrease 76,000 Net income 2,000 Prepaid expenses increase Using the information above, calculate the cash flow from operating activities using the indirect meth
Chapter 13: Statement of Cash Flows Accounts payable increase Amount OA, IA, or FA (for extra credit only) $ 9,000 Accounts receivable increase 4,000 Salaries payable decrease Amortization expense 3,000 6,000 Cash balance, January 1 22,000 Cash balance, December 31 15,000 Cash paid as dividends 29,000 Cash paid to purchase land Cash paid to retire bonds payable at par 90,000 60,000 35,000 17,000 29,000 4,000 13,000 Cash received from issuance of common stock Cash received from sale of equipment Depreciation expense Gain on sale of equipment Inventory decrease 76,000 Net income 2,000 Prepaid expenses increase Using the information above, calculate the cash flow from operating activities using the indirect meth
Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter13: Statement Of Cash Flows
Section: Chapter Questions
Problem 13.3APR
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