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Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash flows. (a)
Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash flows.
(a)Net income is $540,000.(b)Cash dividends declared, but not paid of $41,000.(c)Redemption of bonds payable of $308,000.(d)Purchase of equipment using a note payable of $58,000.
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