Wk2 D1 - Capitol Hill Corporation Statement of Cash Flows...

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E16-16 (10-15 min.) a. Loss on sale of land b. Acquisition of equipment by issuance of note payable c. Payment of long-term debt d. Acquisition of building by issuance of common stock e. Accrual of salary expense f. Decrease in inventory g. Increase in prepaid expenses h. Decrease in accrued liabilities i. Cash sale of land j. Issuance of long-term note payable to borrow cash k. Depreciation l. Purchase of treasury stock m. Issuance of common stock n. Increase in accounts payable o. Net income p. Payment of cash dividend
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E16-29 (20-30 min.)
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Unformatted text preview: Capitol Hill Corporation Statement of Cash Flows For the Year Ended June 30, 2006 Cash flows from operating activities: Receipts: Total Cash Receipts Payments: Total Cash Payments Net cash provided by operating activities Cash flows from investing activities: Net cash used for investing activities Cash flows from financing activities: Net cash flows from financing activities Net increase (decrease) in cash Cash balance, June 30, 2005 Cash balance, June 30, 2006...
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This note was uploaded on 04/20/2011 for the course ACC 206 taught by Professor Any during the Spring '11 term at Ashford University.

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Wk2 D1 - Capitol Hill Corporation Statement of Cash Flows...

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