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1) 2.) The records of Rainbow Color Engraving reveal the following: (Click the icon to view the records.) Compute cash flows from operating activities by
1) 2.) The records of Rainbow Color Engraving reveal the following: (Click the icon to view the records.) Compute cash flows from operating activities by the indirect method for year ended December 31,2024 . (Use a mir sign or parentheses for amounts that result in a decrease in cash and to show net cash used for operating activities box is not used in the table, leave the box empty; do not select a label or enter a zero.) The records of Rainbow Color Engraving reveal the following: (Click the icon to view the records.) Compute cash flows from operating activities by the indirect method for year ended Decen Data table Portrait Schools, Inc. is authorized to issue 200,000 shares of $1 par common stock. The company issued 78,000 shares at $6 per share. When the market price of common stock was $8 per share, Portrait Schools declared and distributed a 15% stock dividend. Later, Portrait Schools declared and paid a $0.50 per share cash dividend. Read the reguirements. Requirement 1. Journalize the declaration and the distribution of the stock dividend. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) First, journalize the declaration of the stock dividend. Now journalize the distribution of the stock dividend. Stock transactions for Cautious Driving School, Inc. follow: (Click the icon to view the transactions.) Journalize the transactions. (Record debits first, then credits. Select the explanation on More info Stock transactions for Cautious Driving School, Inc. follow: (Click the icon to view the transactions.) Journalize the transactions. (Record debits first, then credits. Select the explanation on the last line of the journ entry table.) Mar. 4: Issued 24,000 shares of \$1 par value common stock at $14 per share. May 22: Purchased 800 shares of treasury stock-common at $16 per share
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