To prepare a statment of cash flows for the year 2014 2014 2013 Cash 177,000 78,000 Accounts recievable 180,000. 185,000 Investments 52,000 74,000 Equipment 298,000 240,000 Accoumulated depreciation-- equipment (106,000) (89,000) Current Liabalities 134,000 151,000 Common stock 160,000 160,000 Retained Earnings 307,000 177,000 Additional Infomation : Investments were sold at loss (not extraordinary) of 10,000; no equipment was sold; cash dividends paid were 30,000; and net income was 160,000
How to prepare a statement of
To prepare a statment of cash flows for the year 2014
2014 2013
Cash 177,000 78,000
Accounts recievable 180,000. 185,000
Investments 52,000 74,000
Equipment 298,000 240,000
Accoumulated
Current Liabalities 134,000 151,000
Common stock 160,000 160,000
Additional Infomation : Investments were sold at loss (not extraordinary) of 10,000; no equipment was sold; cash dividends paid were 30,000; and net income was 160,000
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