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Condensed financial data of Blossom Company follow. Blossom Company Income Statement For the Year Ended December 3 1 , 2 0 2 2 Sales revenue
Condensed financial data of Blossom Company follow. Blossom Company
Income Statement
For the Year Ended December
Sales revenue
$
Less: Additional information:
New plant assets costing $ were purchased for cash during the year.
Old plant assets having an original cost of $ and accumulated depreciation of $ were sold for $ cash.
Bonds payable matured and were paid off at face value for cash.
A cash dividend of $ was declared and paid during the year.
Common stock was issued at par for cash.
There were no significant noncash transactions. Increase in Accounts Payable
Decrease in Accrued Expenses Payable
Net Cash Provided by Operating Activities
Cash Flows from Investing Activities
Pavment of Cash Dividends
Net Cash Used bv Financing Activities
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