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The following items were gathered from Ivanhoe Industries general ledger: Sale of marketable securities Depreciation and amortization expense Payment of cash dividends Proceeds from disposal
The following items were gathered from Ivanhoe Industries general ledger:
Sale of marketable securities Depreciation and amortization expense Payment of cash dividends Proceeds from disposal of equipment Loss on disposal of equipment Net income Beginning Cash balance Purchase of equipment Decrease in Accounts Receivable Proceeds from issuing common stock Increase in Inventory Increase in Accounts Payable Ending Cash balance s 13,750 23,802 3,993 859 190 26,093 19,630 21,232 1,358 2,271 3,535 4,420 63,613Step by Step Solution
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