eBook Calculator Print Item Statement of cash flows-Indirect method Instructions Labels and Amount Descriptions Statement of Cash Flowe Instructions The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 2041, is as follows: Dec 31, 20Y2 Dec. 31, 2011 Assets 3 Cash $918,000.00 $964,800.00 Accounts receivable (net) 828,900.00 761,940.00 Inventories 1,268,460,00 1,162,980.00 6 Prepaid expenses 29,340.00 35,100.00 7 Land 479,700.00 8 Buildings 315,900.00 1,462,500.00 (408,600.00) 512,280.00 Accumulated depreciation buildings 10 Equipment 11 Accumulated depreciation equipment 12 Total assets Liabilities and Stockholders' Equity 14. Accounts payable (merchandise creditors) 900,900.00 (382,320.00) 454,680.00 (158,760.00) $4,219,020.00 (141,300.00 $4,785,480.00 S H Check My Work 7 more Check My Work uses remaining. 2 * aved. Cen VALI VISTA X Settings x Math 1111, s_x Practice Ano X OpenStax, X takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator E Print Item Statement of cash flows-Indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions 10 Equipment 454,680.00 512,280.00 (141,300.00 $4,785,480.00 11. Accumulated depreciation equipment 12 Total assets (158,760.00) $4,219,020.00 $922,500.00 $958,320.00 270,000.00 0.00 Liabilities and Stockholders' Equity 14 Accounts payable (merchandise creditors) 15 Bonds payable 16 Common stock, $25 par 11 Paid in capital: Excess of issue price over par-common stock 13 Retained earnings 117,000.00 317,000.00 758,000.00 2,517,980.00 558,000.00 2,585,700.00 $4,219,020.00 Total liabilities and stockholders'equity $4,785,480.00 The noncurrent asset, noncurrent liability, and stockholders' equity accounts for 20Y2 are as follows: ACCOUNT Land ACCOUNT NO Balance Check My Work 7 more Check My Work uses remaining. All work saved mn/takeAssignment/take AssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator Print tem Statement of cash flows-Indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions The noncurrent asset, noncurrent liability, and stockholders'equity accounts for 20Y2 are as follows: ACCOUNT Land ACCOUNT NO Balance Debit Credit Debit Credit Jan. 1 Balance 479,700 Apr. 20 Realized $151,200 cash from sale 163,800 315,900 ACCOUNT Buildings ACCOUNT NO. Balance Date item Debit Credit Debit Credit 2012 Jan 1 Balance 900,900 Apr. 20 Acquired for cash 561,600 1,462,500 Check My Work 7 more Check My Work uses remaining. All work saved Cengag VHLI VISTA X Settings x Math 1111, s_x Practice Ano X OpenStax, n/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocatore&inprogress=false Book Calculator Print Item Statement of cash flows-Indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions ACCOUNT Accumulated Depreciation-Bulldings ACCOUNT NO Balance Debit Credit Debit Date Item Credit Jan. 1 Balance 382,320 Dec. 31 Depreciation for year 408,600 ACCOUNT Equipment ACCOUNT NO. Balance Item Debit Credit Debit Credit Date 2012 Jan. 1 Balance 454,680 26 Discarded, no salvage 46,800 407,880 Aug 11 Purchased for cash 104,400 512,280 ACCOUNT Accumulated Depreciation Equipment Check My Work 7 more Check My Work uses remaining All work saved WHL I VISTA X Settings x Math 1111, si x Practice And X OpenStax, Cengage keAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator &inprogress-false Book Calculator Print item Statement of cash flows-Indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions ACCOUNT Accumulated Depreciation Equipment ACCOUNT NO Balance Date Hem Debt Credit Debit 2012 Credit Jan 1 Balance 158,760 26 Equipment discarded 46,800 111,960 Dec 31 Depreciation for year 29,340 141.300 ACCOUNT Bonds Payable ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 2012 May 1 Issued 20-year bonds 270,000 270,000 ACCOUNT Common Stock $25 par ACCOUNT NO Check My Work 7 more Check My Work uses remaining All work saved. assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionlocator &inprogress=false eBook Calculator Print Item Statement of cash flows-Indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions ACCOUNT Common Stock $25 par ACCOUNT NO. Balance Debit Date Item Debit Credit Credit Jan. 1 Balance 117,000 Dec. 7 Issued 8,000 shares of common stock for $50 per share 200,000 317,000 ACCOUNT Pald-in Capital in Excess of Par-Common Stock ACCOUNT NO. Balance Item Debit Credit Debit Credit Jan. 1 Balance 558,000 Dec. 7 Issued 8,000 shares of common stock for $50 per share 200,000 758,000 ACCOUNT Retained Earnings ACCOUNT NO. Ralance Check My Work 7 more Check My Work uses remaining, All work saved. PUMUNUR OUATTUNU Instructions Date 2042 Balance Debit Debit Credit Credit Jan 1 Balance 558,000 Dec. 7 Issued 8,000 shares of common stock for $50 per share es or common stock for $50 per share 200,000 758.000 ACCOUNT Retained Earnings ACCOUNT NO Balance Item Debit Credit Debt Credit Date 20Y2 Jan 1 Balance 2,585,700 Dec. 31 Netloss 35,320 2,550,380 31 Cash dividends 32,400 2,517,960 Prepare a statement of cash flows, using the Indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions is provided for the exact wording for text entries. Be sure to complete the heading of the statement Use the minus sign to indicate net loss, cash outflows, cash payments, decreases in cash, or any negative adjustments. Check My Work 7 more Check My Work uses remaining All work saved Save and Exit VIEVISTA X Sering Muth , Practice pentax, X C M N O Sepeat * Search Ter Make Assignment Assement Mandater. All e sessoratori progress=false Matement of chows-Indirect method instructions Labels and Amount Description Statement of Cash Flow Cashows TITUT A ME Previous Su m ant for Agitech MU ULLE VHLIVISTA X Settings x Math 111,8 x % Practice Ano X OpenStax, c m Cengage C akeAssignment/takeAssignment Main.do?inwoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator Print Item Statement of cash flows-Indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Statement of Cash Flows Changes in current operating assets and liabilities: Cash flows from investing activities: # Cash flows from financing activities: Check My Work 7 more Check My Work uses remaining, All work saved. HLI VISTA X Settings x Math 1111, si x Practice Ano X OpenStax, X C engage x eAssignment/takeAssignmentMain.do?invokera&takeAssignmentSessionLocator &inprogress=false eBook Calculator Print Item Statement of cash flows-indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows / Statement of Cash Flows 15 Cash flows from investing activities: 19 Cash flows from fnancing activities: Cash at the beginning of the year Cash at the end of the year Check My Work 7 more Check My Work uses remaining. All work saved