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1. Selected financial statement information and additional data for Seeb Co. is presented below. Prepare a statement of cash flows for the year ending December
1. Selected financial statement information and additional data for Seeb Co. is presented below. Prepare a statement of cash flows for the year ending December 31, 2019 December 31 2018 2019 Land OMR 58,800 OMR 21,000 Equipment.. 504,000 789,600 Inventory 168,000 201,600 Accounts receivable (net). 84,000 151,200 Cash 42,000 63,000 TOTAL. OMR 856,800 OMR1,226,400 Share capital-ordinary... OMR 420,000 OMR 487,200 Retained earnings 67,200 205,800 Notes payable - Long-term 168,000 302,400 Notes payable -Short-term 67,200 29,400 Accounts payable. 50,400 86,000 Accumulated depreciation.. 84,000 115,600 TOTAL........ OMR 856,800 OMR 1,226,400 Additional data for 2019: Address EN UVR 856,800 OMR1,226,4 Additional data for 2019: Net income was OMR 235,200. Depreciation was OMR 31,600. 3. Land was sold at its original cost in cash. 4. Dividends of OMR 96,600 were paid. 5. Equipment was purchased for OMR 84,000 cash. 6. A note payable for OMR 201,600 was used to pay for an equipment purcha Address
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