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please help ill make sure to like the answer a. A $41,200 note payable is retired at its $41,200 carrying (book) value in exchange for
please help ill make sure to like the answer a. A $41,200 note payable is retired at its $41,200 carrying (book) value in exchange for cash b. The only changes affecting retained eamings are net income and cash dividends paid. c. New equipment is acquired for $71.600cash d. Recelved cash for the sale of eqummont that had cost $62,600, yielding a $3,400 gain f. Frepaid Expenses and Wages Payable relate to Operating Expenses on the income statement. f. Al purchases and sales of inventory are on credit. Using the direct method, prepare the statement of cash flows for the year ended June 30,2021. Note: Amounts to be deducted should be indicated with a minus sian. d. Recelved cash for the sale of equipment that had cost $62,600, yieiding a $3,400 gain. e. Prepaid Expenses and Wages Payable relate to Operating Expenses on the income statement. T. All purchases and sales of inventory are on credit: Using the direct method, prepare the statement of cash flows for the year ended June 30, 2021. Note: Amounts to be deducted should be indicated with a minus sign
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