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Question - Berry Corporation reported the following cash transactions for last year.
Issued common stock at $78 per share
$171,600
Paid dividends to stockholders at year end
58,110
Received dividends from investments in other companies
32,260
Purchased bonds issued by City of Metropolis
47,100
Borrowed money from City Bank
24,850
Made payment to City Bank on loan
3,780
Purchased office equipment
13,110
Received interest payment on City of Metropolis bonds
2,100
Prepare the investing section of Berry's statement of cash flows.
Is the investee under the control of the courts or other parties as a result of filing for reorganization or entering into liquidation procedures
Prepare, in good form, a reconciliation of the change in governmental fund balance to the change in net position of governmental activities
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Notes Payable $80,000. This balance consists of a note for one year at an annual interest rate of 12%, dated June 1. Prepare the adjusting entries at December 31, 2005. (Show all computations).
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