Prepare the supporting schedule that should accompany the

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Reference no: EM13481582

Income statement items:

Gain on sale of marketablesecurities.........................$42,000

Loss on sales of plantassets......................................33,000

Analysis of balance sheet accounts:

Marketable securities account:

Debitentries..............................................................$75,000

Creditentries..............................................................90,000

Notes receivable account;

Debitentries..............................................................210,000

creditentries.............................................................162,000

Plant and Equipment accounts:

Debit entries to plant assetaccounts............................196,000

Credit entires to plant assetaccounts...........................120,000

Debit entries to accumulated depreciationaccounts........75,000

Prepare the supporting schedule that should accompany the statement of cash flows in order to disclose the noncash aspects of the company's investing and financing activites. Then explain how the company might generate cash for investing next year.

Reference no: EM13481582

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