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please make sure you work is readable and i cam see the work to check my work! thank you in advance!! Data table Jackson Office
please make sure you work is readable and i cam see the work to check my work! thank you in advance!!
Data table Jackson Office Machines, Inc. December 31 2018 2017 Current assets: 25,000 Cash and cash equivalents ..... $ Accounts receivable 87,800 $ 69,400 65,000 78,000 84,300 Inventory Current liabilities: Accounts payable Income tax payable $ 58,400 $ 55,100 14,000 17,200 1 Data table Transaction Data for 2018: Net income $ 57,900 Purchase of treasury stock.. 14,700 36,300 10,500 18,500 21,300 Issuance of common stock for cash.. Loss on sale of equipment.. Payment of cash dividends.. Depreciation expense, Issuance of long-term note payable in exchange for cash Purchase of building for cash Retirement of bonds payable by issuing common stock Sale of equipment for cash . 36,000 124,000 70,000 --- 56,000 Prepare Jackson Onice Machines Ines statement of cash flows using the Indirect method to report operating activities List mancat vesting and activities on comenche Complete the statement one section at a time beginning with the cash flows from operating activities (Use puthes oraminis sign for numbers to be attracted Jackson Office Machines, Inc. Statement of Cash Flows Year Ended December 11, 2018 Cash Nuwsrom operating activities Adhment to reconcile net income out cash Provided by used for operating cov Nech provided by used for operating activities Cash flows from investing activities Requirement 1. Prepare Jackson Office Machines, Inement of cash fos ung the need method to report penting strona investing and financing on an accompanying schoose Net cash provided by used for operating at Cash flows from investing activities: Netcash provided by used to investigace Cashows from financing activities Natash provided by used for racing at Net increase (decrease in cash Cash balance December 31, 2017 Cathloe December 31, 2010 Noncash investing and financing activities Step by Step Solution
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