Principles of Financial Accounting.
24th Edition
ISBN: 9781260158601
Author: Wild
Publisher: MCG
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Chapter 1, Problem 6AP
Preparing a statement of
P2
Following is selected financial information of Kia Company for the year ended December 31, 2019.
| Cash used by investing activities.......... $(2,000) | Cash from operating activities.......... $6,000 |
| Net increase in cash.................... 1,200 | Cash, December 31,2018............. 2,300 |
| Cash used by financing activities.......... (2,800) |
Required
Prepare the 2019 year-end statement of cash flows for Kia Company.
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Cash..
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168,000
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4. Dividends of $40,000 were paid.
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7.…
Chapter 1 Solutions
Principles of Financial Accounting.
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