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Painter Font Paragraph 1. Selected financial statement information and additional data for Seeb Co. is presented below. Prepare astatement of cash flows for the year
Painter Font Paragraph 1. Selected financial statement information and additional data for Seeb Co. is presented below. Prepare astatement of cash flows for the year ending December 31, 2019 December 31 2018 2019 Land OMR 58,800 OMR 21,000 Equipment 504000 789,600 Inventory 168,000 201,600 Accounts receivable (net). 84,000 151,200 Cah 42.000 63,000 TOTAL AMR 856,800 OMR 1.226.400 OMR 420,000 OMR 487,200 Share capital-ordinary Retained earnings... 67,200 205,800 Notes payable - Long-term 168,000 302,400 Notes payable -Short-term. 67,200 29,900 Accounts payable 50,400 86,000 Accumulated depredation 84,000 115 600 TOTAL OMR 856,800 OMR 1,226.400 Additional data for 2019: 1. Net income wa OMR 235,200. 2. Depreciation was OMR 31,600 3. Land wa sold at its original cost in cash 4. Dividends of OMR 96,600 were paid 5. Equipment was purchased for OMR 84,000 cash 6. A note payable for OMR 201,600 was used to pay for an equipment purchase words English (United States
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