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Unformatted text preview: Common stock 2,500 2,500 Retained earnings 13,520 10,230 Total Liabilities and SE 29,230 23,540 Other information (all events took place during 2003) a) Bought a warehouse for 5,000 cash b) Paid a $10 cash dividend c) Issued $ 3,000 of notes payable (notes bear 0% interest) Based on the information above prepare a Cash Flow Statement for 2003 using both the indirect and direct methods...
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- Fall '07
- Balance Sheet, Generally Accepted Accounting Principles, Total assets LIABILITIES, Expense Income Taxes, Assets Cash Accounts