P10-91B. (Learning Objective 7: Analyzing the statement of cash flows) The statement of cash flows of Smoothie,

Question:

P10-91B. (Learning Objective 7: Analyzing the statement of cash flows) The statement of cash flows of Smoothie, Inc., reported the following (adapted) for the year ended December 31, 20X6:

Requirement 1. Make the journal entry that Smoothie would use to record each of these transactions.

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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Question Posted: Jul 26, 2024 09:02 AM

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P10-91B. (Learning Objective 7: Analyzing the statement of cash flows) The statement of cash flows of Smoothie,

Question:

Cash flows from financing activities (amounts in millions) Cash dividends paid. (1,880) Issuance of common stock at par value. 1,236 Proceeds from issuance of long-term notes payable. 59 Purchases of treasury stock. (3,084) Payments of long-term notes payable. (126)

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Financial Accounting International Financial Reporting Standards Global Edition

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