Statement.Of.CashFlows

Statement.Of.CashFlows - 28,000 108,000(282,300 Totals...

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Rundell Inc End-of-Period Spreadsheet (Worksheet for statement of Cash Flows) FYE 12/31/2010 Accounts Balance, Transactions Balance, 12/31/2009 Debit Credit 12/31/2010 Cash 26,000 71,500 97,500 A/R 65,000 9,000 74,000 Inventories 180,000 8,000 172,000 Land 125,000 15,000 60,000 80,000 Building 200,000 60,000 260,000 Acc Dep -Building (58,300) 7,000 (65,300) A/P (Merch creditors) (46,700) 3,200 (43,500) Accrued expenses pay (op exp) (24,300) 2,200 (26,500) Income Taxes Payable (8,400) 500 (7,900) Dividends Payable (10,000) 4,000 (14,000) Bonds Payable (150,000) 50,000 (100,000) Common Stock (16,000) 8000 (24,000) PICEP (80,000) 40,000 (120,000) R/E (202,300)
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Unformatted text preview: 28,000 108,000 (282,300) Totals- 237,200 237,200 - Operating Activities: Net income 108,000 Deprec of Building 7,000 Gain on sale of land 12,000 Increase in A/R 9,000 Decrease in inventories 8,000 Decrease in A/P 3,200 Increase in accrued expenses payable 2,200 Decrease in income taxes payable 500 Investing Activities: Sale of Land 72,000 Purchase of Land 15,000 Purchase of Building 60,000 Financing Activities: Issued C/S 48,000 Retired B/P 50,000 Declared cash dividends 28,000 Increase in Dividends payable 4,000 Net increase in cash 71,500 Totals 249,200 249,200...
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