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Below is the comparative balance sheet for Skysong Corporation. Dividends in the amount of $14,800 were declared and paid in 2020 . From this information,
Below is the comparative balance sheet for Skysong Corporation. Dividends in the amount of $14,800 were declared and paid in 2020 . From this information, prepare a worksheet for a statement of cash flows. Make reasonable assumptions as appropriate. The shortterm investments are considered available-for-sale and no unrealized gains or losses have occurred on these securities. (Enter amounts either in debit or in credit column in Statement of Cash Flows Effects except for totals.) SKYSONG CORPORATION WORKSHEET FOR PREPARATION OF STATEMENT OF CASH FLOWS For the Year Ended December 31, 2020
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