Indicate in general journal form how the items below would be entered in a worksheet for the

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Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash flows.

(a) Net income is ¥317,000,000.

(b) Cash dividends declared and paid totaled ¥120,000,000.

(c) Equipment was purchased for ¥114,000,000.

(d) Equipment that originally cost ¥40,000,000 and had accumulated depreciation of ¥32,000,000 was sold for ¥10,000,000.


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Intermediate Accounting

ISBN: 978-0470616314

IFRS edition volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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