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The following three accounts appear in the general ledger of Bonita Corp. during 2022. Date Jan. 1 July 31 Sept. 2 Nov. 10 Date Jan.

The following three accounts appear in the general ledger of Bonita Corp. during 2022. Date Jan. 1 July 31 Sept. 2 Nov. 10 Date Jan. 1 Nov. 10 Dec. 31 Balance Purchase of equipment Purchase of equipment Cost of equipment sold Balance Equipment Debit Accumulated depreciation on equipment sold Depreciation for year 68,100 52,900 Accumulated Depreciation-Equipment Debit 17,000 Credit 48,200 Credit 24,000 Balance 159,000 227,100 280,000 231,800 Balance 71,200 54,200 78,200
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The following three accounts appear in the general ledger of Bonita Corp. during 2022. From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indir The loss on disposal of plant assets was $8,400. (Show amounts that decrease cash flow with either a - sign eg. -15,000 or in (15,000) BONITA CORP Statement of Cash Flows (Partial) - Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Loss on Disposal of Plant Assets Net Cash Provided by Operating Activities 29200 Cash Flows from Investing Activities Purchase of Equipment 1210000 Sale of Equipment 26000 Net Cash Used by Investing Activities Cash Flows from Financing Activities Payment of Cash Dividends 16400 Cash at End of Period 111400 The following three accounts appear in the general ledger of Bonita Corp. during 2022. From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indir The loss on disposal of plant assets was $8,400. (Show amounts that decrease cash flow with either a - sign eg. -15,000 or in (15,000) BONITA CORP Statement of Cash Flows (Partial) - Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Loss on Disposal of Plant Assets Net Cash Provided by Operating Activities 29200 Cash Flows from Investing Activities Purchase of Equipment 1210000 Sale of Equipment 26000 Net Cash Used by Investing Activities Cash Flows from Financing Activities Payment of Cash Dividends 16400 Cash at End of Period 111400

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