Obj 3 EX 13-10 Reporting land transactions on statement of cash flows on the statement of cash flows: ACCOUNT NO. ACCOUNT Land Balance Debit Credit Debit Credit Date Item 925,000 Jan. 1 Balance 134,300 1,059,300 Mar. 12 Purchased for cash 89,400 969,900 Oct. Sold for $106,800 EX 13-11 Determining cash payments to stockholders The board of directors declared cash dividends totaling $1,200,000 during the current year. The comparative balance sheet indicates dividends payable of $250,000 at the beginning of the year and $100,000 at the end of the year. What was the amount of cash payments to stockholders during the year? Obj. 4 EX 13-12 Reporting stockholders' equity items on statement of cash flows On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year. Obj. 4

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Chapter1: Financial Statements And Business Decisions
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