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CHAN a. Cash, December 31, 2019 Cash, December 31, 2018 Cash increase during 2019 Supporting computations: Cash received from customers: Cash received as dividends $800,000 sales - $10,000 A/R increase = $790,000 Cash paid for merchandise purchased An Insert lines as necessary SSS Example: I 63,000 (29,000) 34,000
1 12 13 14 15 16 17 18 19 120 421 422 423 424 425 426 427 428 429 430 Cash paid for wages and other operating expenses Cash paid for interest: Cash paid for income taxes Sale of investments Purchase of land I
B Improvement to buildings Sale of equipment Issuance of bonds Acquisition of patent in exchange for preferred stock Insurrance of common stock (two purchases)
x✓ fx B Payment of dividends Other Analysis E Long-term investments - available for sale decreased by $50,000, which is the cost of the investments sold. Fair value adjustment to investments decreased by $7,000, due to the elimination of this account balance at year-end (this was the adjustment related to the investments sold; no cash flow effect. I Accumulated depreciation - buildings increased $16,000, which is the depreciation expense on the buildings. Equipment decreased by $46,000, which is the cost of equipment sold Accumulated depreciation - equipment decreased by $4,000, which is the Sheets netd
Sky Company Statement of Cash Flows For Year Ended December 31, 2019 Cash flow from operating activities Cash received from customeres cash received as dividends Cash paid for merchandise purchased Cash paid for wages and other operating expense Cash paid for interest Cash paid for income taxes Cash provided by operating activities Cash flow from investing activities Sale of investments Purchase of land Improvements to building Sale of equipment Cash used by investing activities Shootd Sheets Chuan ***
x✓ fx B C D E Cash used by investing activities Cash flow from financing activities Issuance of bonds payable Issuance of common stock Payment of dividends Cash provided by financing activities Net increase in cash Cash at beginning of year Cash at end of year F G H S