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eBook Question Content Area Reporting Stockholders' Equity Items on Statement of Cash Flows On the basis of the following stockholders' equity accounts, indicate the items,
eBook
Question Content Area
Reporting Stockholders' Equity Items on Statement of Cash Flows
On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year.
ACCOUNT Common Stock, $ par ACCOUNT NO
Balance
Date Item Debit Credit Debit Credit
Jan. Balance, shares
Apr. shares issued for cash
June share stock dividend
ACCOUNT PaidIn Capital in Excess of ParCommon Stock ACCOUNT NO
Balance
Date Item Debit Credit Debit Credit
Jan. Balance
Apr. shares issued for cash
June Stock dividend
ACCOUNT Retained Earnings ACCOUNT NO
Balance
Date Item Debit Credit Debit Credit
Jan. Balance
June Stock dividend
Dec. Cash dividend
Dec. Net income
If an amount is not reported on the statement of cash flows, leave the amount box blank.
Item Section of Statement of Cash Flows Added or Deducted Amount
Sale of common stock
$fill in the blank
Cash dividend
$fill in the blank
Stock dividend
$fill in the blank
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