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For the following selected events which occurred in 2022 , please show how and where (positive or negative and how much with the description of
For the following selected events which occurred in 2022 , please show how and where (positive or negative and how much with the description of the event) they will be reported on the skeleton outline of the cash flow statement at the bottom of this page: 1. Borrowed $50,000 in cash from the bank and issued a note payable and how much ? 2. Merchandise Inventory increased by $2,100 during the year 3. Purchased $9,000 of equipment for cash. 4. Net Income for the year was $61,000 5. Recorded $11,000 of amortization on our patent during the year. 6. Purchased 1,000 shares of our own $10 par common stock for $31 per share in cash. 7. Sold land for $85,000 in cash. The land cost $60,000. 8. Wages Payable decreased by $2,000 during the year. Homework Company Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flow from Operating Activities Non-Cash Expenses Changes in Current Accounts Gains or Losses Net Cash Flow from Operating Activities Cash Flow from Investing Activities Inflows Outflows Net Cash Flow from Investing Activities Cash Flow from Financing Activities Inflows Outflows Net Cash Flow from Financing Activities Total Cash Flow Beginning Cash Balance Ending Cash Balance Other Investing and Financing Transactions not Affecting Cash
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