Introduction to financial accounting 2

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Dobro Remaining time: 1 hour, 28 minutes 43 seconds. Question completion Status ABC Corporation Comparative Balance Sheet December 31, 2020 2029 2019 Assets Cash Accounts Receivables Land Equipment Accumulated Depreciation - Equipment Total Liabilities and Stockholders' Equity Accounts Payable Common Stocks Retained Earnings Total 5 45.500 16,300 25,000 35,000 (4.500) $ 117300 $ 25.000 15,000 35,000 20,000 (2.500) $ 92.300 $ $ 1.500 65,000 50.800 117300 2.500 50,000 40,000 92 500 S $ Additional Information: 1. Net Income for 2020 was $ 32.800 2. The company paid $ 12,000 cash for dividends. 3. Equipment costing $25,000 was purchased for cash 4. Issued common stock for $15,000 cash 5. The land was sold for $ 14,000 cash. Based on the above given information, complete the below investing and financing activities sections of the cash flow statement for ABC Company by filling up the 10 blanks using the dropdown list. Question completion Status Based on the above given information, complete the below investing and financing activities sections of the cash flow statement for ABC Company by filling up the 10 blank using the dropdownlist ABC Company Partial Statement of Cash Flows For the Year Ended December 31, 2020 Cash flows from Investing Activities 125,000) Cash flows from Financing Activities Issuance of Common Stocks JI