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More info a. Collections from customers are $15,500 more than sales. b. Dividend revenue, interest expense, and income tax expense equal their cash amounts. c.
More info a. Collections from customers are $15,500 more than sales. b. Dividend revenue, interest expense, and income tax expense equal their cash amounts. c. Payments to suppliers are the sum of cost of goods sold plus advertising expense. d. Payments to employees are $1,000 more than salaries expense. e. Cash payment for the acquisition of plant assets is $108,000. f. Cash receipts from sale of land total $24,000. g. Cash receipts from issuance of common stock total $32,000. h. Payment of long-term notes payable is $20,000. i. Payment of dividends is $8,500. j. Cash balance at June 30,2023 , was $27,000; at June 30,2024 , it was $34,000. Year Ended June 30, 2024 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: 129,000 Other Income and (Expenses): Dividend Revenue Interest Expense 11,000 (2,000) Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense Net Income (1) iclics en icon to yiew the addibe Pregare Four Seasins Coiporationis tainement of cash fows for the year ended June 30, 2024, Use the Complese the statemord one sectios at a the, begirrang wid the cash flows from operabing activitios
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