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Problem 21-19 (Statle) Statement of cash flows; T-account method [LO21-3, 21-8] [The followng information applles to the questions displayed below.] The comparative balance sheets for
Problem 21-19 (Statle) Statement of cash flows; T-account method [LO21-3, 21-8] [The followng information applles to the questions displayed below.] The comparative balance sheets for 2021 and 2020 and the statement of Income for 2021 are given below for Dux Company. Additional Information from Dux's accounting records is provided also. Additional information from the accounting records: a. A bullding that orlginally cost $40,000, and which was three-fourths depreclated, was sold for $7,000. b. The common stock of Byrd Corporation was purchased for $5,000 as a long-term Investment. c. Property was acquired by Issulng a 13%, seven-year, $30,000 note payable to the seller. d. New equipment was purchased for $15,000 cash. e. On January 1, 2021, bonds were sold at thelr $25,000 face value. f. On January 19. Dux Issued a 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $14 per share at that time. g. Cash dlvidends of $13,000 were paid to shareholders. h. On November 12,500 shares of common stock were repurchased as treasury stock at a cost of $8,000. Required: Prepare the T-account for Dux Company. (Enter your answers in thousands. (L.e., 10,000 should be entered as 10).)
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