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prepare darazi's statement of cash flow paring the statement of cash flow omparative balance sheet of Darazi Company, for 2013 and dhe d December 31,
prepare darazi's statement of cash flow
paring the statement of cash flow omparative balance sheet of Darazi Company, for 2013 and dhe d December 31, 2012, appears below in condenscd form indirect method Tear 2013 2012 Cash Accounts receivable (net) Inventories Investments Equipment Accumulated depreciation-equipment s 53,000 50.000 8000 100,000 70,000 37,000 108,500 573,200 450,000 (142,000) 176000 (142,000) (176.000 629,700) $542000 62,500 $43,800 100,000 325,000 285,000 Accounts payable Bonds payable, due 2013 Common stock, $10 par Paid-in capital in excess of par- 55,000 58.200 542 000 80,000 common stock 162,200 Retained earnings 5 629,700 542.000 The income statement for the 2013 is as follows 80 209 162 200 629,700 ment for the 2013 is as fol 340300 5 285 700 5 26,000 68,000 ner operating expenses hom aperations aton expense 94,000 191,700 ncome 5 4,000 15 on sale of investment 6,000 rerest espense 5 189,700 60,700 129,000 1ax stional daza for the 2013 are as follows: , Fally depreciated equipment costing $60,000 was scrapped, no sal vage, and qupment was purchased for $183,200 Bonds payable or $100.000wer retired by payment at their fice amount 5,000 shares ofcommon stock were issued at $13 for cash. Ch dividends decdlared and paid $25,000. eptember 30 investing andStep by Step Solution
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