=+EX 16-11 Reporting land transactions on statement of cash flows obj. 2 ACCOUNT Land ACCOUNT NO.

Balance Date Item Debit Credit Debit Credit 2010 Balance Purchased for cash Sold for $210,000 1

5 30 Jan.

Feb.

Oct.

1,200,000 1,580,000 1,400,000 380,000 180,000