Arial 10 A E = bwrap Text General Morge & Center $ % 8 M N O oblem 13-2B Name: HARRIS INDUSTRIES INC. Statement of Cash Flows For the Year Ended December 31, 2014 Cash flows from operating activides Incorrect Net income description Adjustments to reconcin not come to net cash 2 of 50 flow from operating activities Deprece Depreciation Patent amortization Change Changes in current operating assets and abilities: | | | of 5 Net cash flow from operating activities Cash flows from investing activities Net cash flow used for investing activities Cash flows from financing activities: Cash received from issuance of mortgage not Cash paid for dividends Net cash flow from financing activities || 1! Change in cash Cash at the beginning of the year Cash at the end of the year Schedule of Noncash Financing and Investing Activities Issuance of common stock to retre bonds HARRIS INDUSTRIES, INC Spreadsheet (Work Sheet) for Statement of Cash Flows For the Year Ended December 31, 2014 correct worksheetto.12 of 50 Balance, Transactions Sheet1 2 BLANK WKSHI - Cash flow assignment PR13-2B.XIS View Data Review AutoSave @ Insert Draw Page Layout Formulas Arial 10 A A BIU SA = p General 2 Wrap Text Merge & Center w $ % 8 Indt wart 13 31, 2014 USTRIES, INC for Stement of Cash Flows the Year Ended December 31, 2044 Balance Transactions Dec 31, 2013 360 920 592 200 1022,560 25200 302.400 1,134,000 (414,540) 781,200 (191,520) 112.000 (927.080) (25 200) (87.080) 887,880 31.640 302.400 1.717500 (466.200) 781,200 214,200) 106.960 (837.480) (32.780) (78,980) 224,0001 Cash Accounts receivable Inet) Inventories Prepaid expenses Land Bundings Accum depr. - buldings Machinery and equipment Acum depr.. machinery and equipment Patents Accounts payable Dividends payable Sales payable Mortgage note payable Bonds payable Common stock, 55 par Paid in capital in excess of par Retained samnings Total Operating activities Net income Depreciation buildings Depreciation - machinery and equipment Amortization of patients Increase accounts receivable Decrease in inventos Increase in prepaid expenses Decrease in accounts payable Deci se poate Investing activities Construction of building Frang Deconocidonds (390,000) (50.400) (126.000) 12 11 660) 200.400) 366.000) 512 200) Insert Draw Page Layout Formulas Data Review View Arial ab Wrap Text General LG 10 AAEEE SA BIUD Merge & Center $ v % F G K L M N (25,200) (87080) C D E Dividends payable Satanes payable Mortgage note payable Bonds payable Common stock, S5 par Paid in capital in excess of par Retained eamings Totals Operating activities: (32.760) 78.960) (224,000) (390,000) (50,400) (126,000) (200.400) (366,000) 2,512 200) NI S 8 QY 1. Net income Net income Serie Depreciation - buildings Depreciation - machinery and equipment Amortization of patents increase in accounts receivable Decrease in inventories Increase in prepaid expenses Decrease in accounts payable Decrease in salaries payable Investing activities: Construction of building Financing activities: Declaration of cash dividends suance of mortgage note payable increase in dividends payable Schedule of noncash investing and financing activities: Issuance of common stock to retire bonds Net change in cash Totals Sheet1 +
