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Mackey Limited reported the following selected balances: * Brackets denote a credit balance. Additional information: There was a stock dividend of $ 3 2 ,
Mackey Limited reported the following selected balances: Brackets denote a credit balance.
Additional information:
There was a stock dividend of $ on common shares and a cash dividend of $
Of the preferred shares, $ were retired for cash, and $ were converted into bonds
payable.
Some common shares were issued for cash during the period.
Machinery with a net book value of $ and an original cost of $ was sold during the
year at a loss of $ Other machinery was purchased for cash.
Any unexplained change in the accounts should be assumed to arise from logical transactions. Required:
Prepare a partial statement of cash flows using Indirect method. Deductlble amounts and Cash
outflows should be Indlcated with minus slgn Select the transactions that are not included in the SCFYou may select more than one answer. Single
cllck the box with the questlon mark to produce a check mark for a correct answer and double cllck
the box with the questlon mark to empty the box for a wrong answer.
I
Stock dividends
Preferred shares converted to bonds payable
Preferred shares retired
Cash dividend pald
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