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Unformatted text preview: 130 Retirement of bonds payable-150 Payment of cash dividends-260 Net cash used by financing activities-280 Net increase in cash 650 Cash, January 1, 2008 1,150 Cash, December 31, 2008 $1,800 Noncash investing and financing activities Issuance of common stock for plant assets $70 Adjustments to reconcile net income to net cash Depreciation expense ($1,200 $1,170) Purchase of plant assets ($1,900 $1,700) $70 Issuance of capital stock ($1,900 $1,700) $70...
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This note was uploaded on 01/01/2012 for the course ACCOUNTING Intermedia taught by Professor Varied during the Spring '11 term at University of Science and Arts of Oklahoma.
- Spring '11