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Instructions Additional data obtained from an examination of the accourts in the ledger for 20 y3 are as follows: a. The investments were sold for
Instructions Additional data obtained from an examination of the accourts in the ledger for 20 y3 are as follows: a. The investments were sold for $175,000 cash. b. Equipment and land were acquired tor cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash. 6. There was a 5500,000 credit to Retained Earnings for net income. 1. There was a $90,000 debit to Retained Earrings for cash dividends declased. werding of the answer chokes for text entries. Ele sure fo complete the heading of the statement. Enter anounts that roperesent cash cumlions as negative numbers using a minus sign. Prepare a statement of cash fows, vsing the indirect method of presenting cash fons trom ooerating activiles. Pelor to the Lobeis and Amount Descrptons ilst provided for me exact wording of the answer choices for thxt entries. Be sure to complete the heading of the statement Enter amounts that repvesent cash oumlows as negative numbers using a minis sign Statement of Cash Flows 11 is Cash flows from (used for) investing activities: 14 is 16 17. it 19. Gish flows from (used for) financing activities: 79 4 n 3) 3 24 Gash balance, /anuary 1, 2013 is Cash balance, December 31,2083
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