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please help me!! (Appendix 118) Using a Spreadsheet to Prepare a Statement of Cash Flows Comparative balance sheets for Cincinnati Health Club are presented below.
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(Appendix 118) Using a Spreadsheet to Prepare a Statement of Cash Flows Comparative balance sheets for Cincinnati Health Club are presented below. Additional Information: 1. Cincinnati Health Club reported net income of $2,600 for the yeat. 2. No buldings or equipment were sold during the year. Equipment was purchased for $9,000 cash. 3. Depreciation expense was $27,000. 4. Bonds payable of $60,000 were issued for cash during the year. 5. Common stock of $30,000 was issued during the year. 6. Cash dividends of $30,000 were declared and paid during the year. Cash flows from operating activities Step by Step Solution
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