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Current Attempt In Progress Oriole Corp. Is a private company reporting under ASPE. The following selected accounts are from the general ledger for the
Current Attempt In Progress Oriole Corp. Is a private company reporting under ASPE. The following selected accounts are from the general ledger for the year ended December 31, 2024: Equipment Jan. 1 221,000 July 31 55,250 Nov. 10 39,100 Dec. 31 237,150 Accumulated Depreciation-Equipment Jan. 1. 99,450 Nov. 10 32,300 Dec. 31 28,050 Dec. 31 95,200 Retained Earnings Jan. 1 110,500 Aug. 23 6,800 Dec. 31 71,400 Dec. 31 175,100 Additional Information: July 31 Equipment was purchased for cash Aug 23 A cash dividend was pald. Nov. 10 Dec. 31 Dec. 31 A loss of $2.550 was incurred on the sale of equipment. Depredation expense was recorded for the year. Closing entries were recorded. From the postings in the above accounts and additional Information provided. Indicate what Information would be reported in the Investing and financing activities sections of the cash flow statement (Show amounts that decrease cash flow with either a-sign eg 15,000 or in parenthesis eg (15,000)) ORIOLE CORP. Cash Flow Statement (Partial)
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