Unformatted text preview: 191,000 Total cash paid on accounts payable in 2013 $2,353,000 3. Cash dividend payment: Retained earnings beginning balance $211,000 Add: Net income, 2013 769,000 $980,000 Less: Retained earnings, ending balance 525,000 Total dividends declared $455,000 Less: Increase in dividends payable 65,000 Total cash dividend payment in 2013 $390,000 4. Cash receipts not provided by operations: Cash provided from financing: Notes payable $104,000 Common stock 25,000 Cash receipts not provided by operations $129,000 5. Cash payments for assets not reflected in operations: Available-for-sale securities $400,000 Property, plant, and equipment 115,000 Cash payments for assets not reflected in operations $515,000...
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This note was uploaded on 08/12/2011 for the course ACCT 2201 taught by Professor Alvarez during the Spring '11 term at FIT.
- Spring '11