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Balance sheet additional data Other information for the year ended September 30, 2023, that may be needed includes: a. Acquired equipment by issuing a long-term
Balance sheet additional data Other information for the year ended September 30, 2023, that may be needed includes: a. Acquired equipment by issuing a long-term note payable, $101,000, and paying $18,000cash. b. Paid long-term note payable, $134,000. c. Recelived $193.600 cash for issuance of common shares. d. Paid cash dividends, $181,400. e. Acquired equipment by issuing short-term note payable, $54,000. f. Net income, $321,600. 9. Amortization expense, $48,000. h. Gain on sale of land, $45,000. Laurentian Inc.'s comparative balance sheet at September 30, 2023, and additional data are shown below. (Click the icon to view the balance sheet.) (Click the icon to view the additional data.) Required 1. Prepare Laurentian Inc.'s operating section of the cash flow statement for the year ended September 30, 2023, using the indirect method. 2. Describe how the direct method would differ from the partial statement you created in requirement 1. Reauirement 1. Prenare Laurentian Inc's oneratina section of the cash flow statement for the year ended ( outflows.)
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