I-16.04 Worksheet

I-16.04 Worksheet - Credit (a) Name: Date: Section:...

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Name: Date: Section: I-16.04(a) 20X4 20X5 Debits Cash 9,000 $ 664,000 $ Accounts receivable 345,000 375,000 Inventory 160,000 150,000 Prepaid expenses 25,000 35,000 Land 400,000 300,000 Building 700,000 700,000 Equipment 450,000 530,000 2,089,000 $ 2,754,000 $ Credits Accumulated depreciation 270,000 $ 300,000 $ Accounts payable 119,000 112,000 Interest payable - 2,000 Long-term note payable - 80,000 Common stock ($1 par) 600,000 700,000 Paid-in capital in excess of par 400,000 800,000 Retained earnings 700,000 760,000 2,089,000 $ 2,754,000 $ Cash flows from operating activities: Cash flows from investing activities: Cash flows from financing activities: Noncash investing/financing activities: Debit
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Unformatted text preview: Credit (a) Name: Date: Section: I-16.04(b) Cash flows from operating activities:-$ -$ -------Net cash provided by operating activities -$ Cash flows from investing activities:-$ Net cash provided by investing activities-Cash flows from financing activities:-$ -Net cash provided by financing activities-Net increase in cash-$ Cash balance at January 1, 20X5 9,000 Cash balance at December 31, 20X5-$ -----------------Noncash investing/financing activities:-$ -----------------Supplemental information: LIVE OAK CORPORATION Statement of Cash Flows For the year ending December 31, 20X5...
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I-16.04 Worksheet - Credit (a) Name: Date: Section:...

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