This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Dragonstone Corp. had net income of $32,000. Accounts Receivable increased by $3,000; accounts ... (Read 1903 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
on: Feb 19, 2020
Dragonstone Corp. had net income of $32,000. Accounts Receivable increased by $3,000; accounts payable decreased by $4,000. Depreciation expense for the year was $1,400. Additional transactions include: the purchase of land in exchange for stock $55,000; the sale of treasury stock $3,500; issued bonds $3,000; acquired a building by issuing a note $79,000. Using the indirect method, the net increase (decrease) in cash for the year is:
◦ $32,900
◦ $(94,400)
◦ $(19,400)
◦ $26,400
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by melina_rosy on Feb 19, 2020

jxjsniuniu

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Feb 19, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 45% of students answer this correctly


Elaina Brantner

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Aug 7, 2021
Thanks


Rupak Thapa

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Dec 3, 2021
Thank you


Nhat Nam Ho

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Dec 2, 2022
Thank You


« previous next »
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Your heart beats over 36 million times a year.

Increased risk of trisomy with maternal age. Increased risk of trisomy with maternal age.
Major features of Homo erectus include increased brain size, an angular vault, and cranial superstru Major features of Homo erectus include increased brain size, an angular vault, and cranial superstru
Example of a chart of accounts. Example of a chart of accounts.
Mechanisms of action of adrenergic agonists: (1) stimulation of the release of NE; (2) increased ... Mechanisms of action of adrenergic agonists: (1) stimulation of the release of NE; (2) increased ...
Increased acidity inhibits the growth of coral and other carbonate shell-building organisms Increased acidity inhibits the growth of coral and other carbonate shell-building organisms
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library