A corporation issued $2,000,000 of common stock in exchange for $2,000,000 of fixed assets. Where would this transaction be reported on the statement of cash flows?

On December 31, Harrison Company reports the following assets: Which of these are included in, and excluded from, cash on the companys balance sheet?

XYZ Company used the direct method to prepare the statement of cash flows. The entity had the following cash flows during 2021: January 1 cash balance     1,000,000 Cash receipts from issuance of ordinary shares  1,208,000 Cash receipts from customers 1,640,000 Proceeds from sale of treasury shares (cost – P720,000) 800,000 Cash receipts from dividends on long-term investments 80,000 Cash receipts from repayment of loan made to another company 640,000 Cash payments to suppliers 1,080,000 Cash paid to redeem own shares 1,200,000 Cash paid for interest on long-term notes 120,000 Cash payments for operating expenses 320,000 Cash payments for dividends 200,000 Cash payment for income taxes 144,000 Cash paid to purchase land 1,040,000 Required: Prepare statement of cash flows at December 31, 2021.

A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $21,376 representing a gain of $3,249. The value in the operating activities section regarding this event would be a.$18,127 b.$3,249 c.$24,625 d.$21,376