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COX8 as far as not been provided with enough cash. connect A5-19 Statement of Cash Flows, Partial: 20X3 20X4 $172,450 Mackey Ltd. reported the following
COX8 as far as not been provided with enough cash. connect A5-19 Statement of Cash Flows, Partial: 20X3 20X4 $172,450 Mackey Ltd. reported the following selected balances: $283,900 (61,80 Account Title (250,00 Machinery Accumulated depreciation, machinery Bonds payable Common shares Preferred shares (107,400) (150,000) (100,00 (390,000) (25,000) (233,750) (150,00 (178,4 Retained earnings *Brackets denote a credit balance. Other information: 1. There was a stock dividend of $25,000 on common shares and a cash dividend of $35,000. 2. Of the preferred shares, $50,000 were retired for cash, and $75,000 were converted into bonds payal 3. Some common shares were issued for cash during the period. 4. Machinery with a net book value of $28,100 and an original cost of $48,650 was sold during the loss of $1,050. Other machinery was purchased for cash. 5. Any unexplained change in the accounts should be assumed to be because of logical transactions. Required: List the items that would appear on the SCF for 20X4, considering the changes in the accounts abo other information. Organize your SCF appropriately (operating, investing, financing) and indicate wE item is added or subtracted. Also list the non-cash transactions that would be separately disclosed. Note not been provided with enough information (cash, other assets, and liabilities) to balance the SCF to th cash. Solution A5-20 Statement of Cash Flows: The following data were provided by the accounting records of NewFort Ltd, at year-end, 31 Decemt COX8 as far as not been provided with enough cash. connect A5-19 Statement of Cash Flows, Partial: 20X3 20X4 $172,450 Mackey Ltd. reported the following selected balances: $283,900 (61,80 Account Title (250,00 Machinery Accumulated depreciation, machinery Bonds payable Common shares Preferred shares (107,400) (150,000) (100,00 (390,000) (25,000) (233,750) (150,00 (178,4 Retained earnings *Brackets denote a credit balance. Other information: 1. There was a stock dividend of $25,000 on common shares and a cash dividend of $35,000. 2. Of the preferred shares, $50,000 were retired for cash, and $75,000 were converted into bonds payal 3. Some common shares were issued for cash during the period. 4. Machinery with a net book value of $28,100 and an original cost of $48,650 was sold during the loss of $1,050. Other machinery was purchased for cash. 5. Any unexplained change in the accounts should be assumed to be because of logical transactions. Required: List the items that would appear on the SCF for 20X4, considering the changes in the accounts abo other information. Organize your SCF appropriately (operating, investing, financing) and indicate wE item is added or subtracted. Also list the non-cash transactions that would be separately disclosed. Note not been provided with enough information (cash, other assets, and liabilities) to balance the SCF to th cash. Solution A5-20 Statement of Cash Flows: The following data were provided by the accounting records of NewFort Ltd, at year-end, 31 Decemt
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