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Reporting Stockholders' Equity Items on Statement of Cash Flows On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income,

Reporting Stockholders' Equity Items on Statement of Cash Flows

On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year.

ACCOUNT Common Stock, $10 par ACCOUNT NO.
Balance
Date Item Debit Credit Debit Credit
Jan. 1 Balance, 45,000 shares 450,000
Apr. 2 11,250 shares issued for cash 112,500 562,500
June 30 2,000-share stock dividend 20,000 582,500

ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO.
Balance
Date Item Debit Credit Debit Credit
Jan. 1 Balance 135,000
Apr. 2 11,250 shares issued for cash 247,500 382,500
June 30 Stock dividend 15,000 397,500

ACCOUNT Retained Earnings ACCOUNT NO.
Balance
Date Item Debit Credit Debit Credit
Jan. 1 Balance 374,000
June 30 Stock dividend 35,000 339,000
Dec. 30 Cash dividend 43,000 296,000
Dec. 31 Net income 269,300 565,300

If an amount is not reported on the statement of cash flows, enter in "0" in the Amount column.

Item Section of Statement of Cash Flows Added or Deducted Amount
Sale of common stock Financing activities section Added $
Cash dividend Financing activities section Deducted $
Stock dividend Not reported on statement of cash flows Not applicable $

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