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Unformatted text preview: I think my Accrued Expenses go here, so I add $2,000 Bonds Payable decreased by 25,000 so I add that also which brings my total to -$18,000 Investing Activities Total: -$18,000 Financing Activities: First I take my dividends and make them into a negative because they were paid to stockholders which make my total -$12,000 I then add common stock in the amount of $5,000 which brings my total to -$7,000 Financing Activities Total: -$7,000 So I will take $72,000 subtract -$18,000 which brings my total to $54,000 I now take $54,000 and take out the -$7,000 which makes my total $47,000 Of course this answer is wrong but I am not sure if I put all accounts in the correct operations I don’t even know what to do now....
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This note was uploaded on 07/16/2011 for the course ACCT 212 taught by Professor Song during the Spring '11 term at DeVry Kansas City.
- Spring '11
- Financial Accounting