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All open boxes need completed. Comparative balance sheets for Oriole Comparry are presented as follows. Additional information: 1. Net income for 2019 was $135,000. 2.
All open boxes need completed.
Comparative balance sheets for Oriole Comparry are presented as follows. Additional information: 1. Net income for 2019 was $135,000. 2. Cash dividends of $70,200 were declared and paid. 3. Bonds payable amounting to $49,900 were redeemed for cash $49,900. 4. Common stock was issued for $49,700 cash. 5. Depreciation expense was $24,550. 6. Sales revenue for the year were $977,700. 7. Land was sold at cost, and equipment was purchased for cash. Prepare a worksheet for a statement of cash flows for 2019 using the indirect method. Enter the reconciling items directly on the worksheet. (Show amounts that decrease cash flow with either a - sign e.g. - 15,000 or in parenthesis e.g. (15,000). ) Credits Accumulated depreciation-equipment Accounts payable Bonds payable Commonstock Retained earnings TotalStep by Step Solution
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