Chapter 1 6 EX . 1 6 . 0 1 EX . 1 6 . 0 2
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Statement of Cash Flows
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Labels and Amount Descriptions
Instructions
The following additional information is taken from the records:
Land was sold for $
Equiptient was acquired for cash.
There were no disposals of equipment during the year.
The common stock was issued for cash.
There was a $ credit to Retained Earnings for net income.
There was a $ debit to Retained Earnings for cash dividends declared.
Required:
Statement of Cash Flows
Labels and Amount Descriptions
Instructions
The comparative balance sheet of Hirayama Industries Inc. for December and is as follows:
tableDec. YDec. YCash,$$
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