The following information is taken from the accounting

Reference no: EM13451820

The following information is taken from the accounting records of the Gilda Corporation. Use this information to prepare Gilda's statement of cash flows for the year ended December 31, 2014.

Additional information:

a) Plant construction costing $40,000 in cash was completed.

b) Equipment was purchased for $20,000 in cash.

c) Common stock was sold for $50,000 in cash.

d) Bonds were issued for $15,000 in cash.

e) Common stock dividends of $20,000 were paid in cash.

f) Net income after income taxes was $35,000.

Reference no: EM13451820

Questions Cloud

The marketing department expects that this sales price : hall company had sales in 2014 of 1560000 on 60000 units. variable costs totaled 720000 and fixed costs totaled 500000.

Draw the ppf for scotlands economy showing situation before : developing dynamic comparative advantage doesnt always work.nbsp a notable case was in scotland were there was an

Explanin why if investors become more risk averse but rrf : explanin why if investors become more risk averse but rrf does not change then the required rate of return on high-beta

How does the statement of cash flows add to the : 1.how does the statement of cash flows add to the analystrsquos perspective about a company? remember to include the

The following information is taken from the accounting : the following information is taken from the accounting records of the gilda corporation. use this information to

In this final unit you will summarize your final project : summarizing and reflectionin this final unit you will summarize your final project submitted in unit 8 in a microsoft

What factors find out demand for british pounds in foreign : why cant all the balance of payments accounts be in surplus? what factors determine the demand for british pounds in

A that price find the firms profit or loss will firm : consider a firm in a perfectly competitive industry. the firm has just built a plant that cost 25000. each unit of

Prepare the entry to record the receipt of the funds from : megan haak and kathy quandt borrowed 15000 on a 7-month 8 note from golden state bank to open their business mks coffee

User Account

All Pages