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Cash Land Gain on Disposal of Plant Assets Cash Common Stock 3. Depreciation Expense- Accumulated Depreciation-Buildings Salaries and Wages Expense Cash Equipment Common Stock Paid-in
Cash Land Gain on Disposal of Plant Assets Cash Common Stock 3. Depreciation Expense- Accumulated Depreciation-Buildings Salaries and Wages Expense Cash Equipment Common Stock Paid-in Capital in Excess of Par Value-Common Stock 6. Cash Accumulated Depreciation-Equipment 15,000 20,000 17,000 9,000 4,800 1,272 7,420 12,000 3,000 20,000 17,000 9,000 600 4.200 9,000 4. Salaries and Wages Expense Cash Equipment Common Stock Paid-in Capital in Excess of Par Value-Common Stock Cash Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment 4,800 1.272 7.420 1,908 9,000 600 4,200 10,600 For each transaction above, (b) indicate how it would affect the statement of cash flows using the indirect method. (Do not leave any answer field blank. Enter O for amounts. Select "Not Reported" if it is not reported on the statement of cash flows. Select "Not Applicable if it does not belong to any section.) 1. Cash receipt Gain on disposal of plant assets 2. Cash receipt 3. Depreciation expense Salaries and wages 4. expense Common stock for 5. equipment 6. Cash receipt Loss on disposal of plant assets eTextbook and Media List of Accounts
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