K Amortizing the discount on a bond payable OA. increases the carrying amount of the bonds B. decreases the face value of the bonds OC. decreases the carrying amount of the bonds OD. increases the face value of the bonds Question 19 of 33 > This test: 33 point(s) possible This question: 1 point(s) possible ollowing is the shareholders' equity section of the balance sheet of the Everslim Corporation (Click on the icon to view the shareholders' equity section of the balance sheet.) The common shares are currently selling for $15 50 per share The number of common shares authorized and issued after the distribution of a 15% common share dividend is OA. 100,000 and 74,750 On 100,000 and 65,000 OC. 115,000 and 65,000 OD. 115,000 and 74,750 C Williams Corporation accountants have assembled the following data for the year ended June 30, 2020: (Click the icon to view the data.) Prepare Williams' statement of cash flows for the year ended June 30, 2020. Williams Corporation uses the indirect method for operating cash flows. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Williams Corporation Inc. Statement of Cash Flows t For the Year Ended June 30, 2020 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Increase in current assets other than cash Decrease in current liabilities Subtotal Net cash provided by operating activities Cash flows from investing activities Purchase of equipment Proceeds from sale of land Net cash by investing activities Cash flows from financing activities: Proceeds from issuance of common shares Payment of note payable Payment of dividends Repurchase of common shares Net cash used for financing activities Net increase in cash a L a o Time Remaining: 01:22.24 Next ENG ^ US 5:23 PM 2022-08-11 If a corporation issues only one class of shares, it must be OA. par value OB. common or preferred OC. preferred OD. common K When a cash dividend is declared, the OA. Retained Earnings account is debited OB. Retained Earnings account is credited OC. Cash account is credited OD. Cash account is debited