question archive The following transactions happened during 2015:1
The following transactions happened during 2015:1
Subject:AccountingPrice: Bought3
The following transactions happened during 2015:1. Net income for the year was $ 100; Dividends paid were $ 302. Depreciation expense was $ 20 for Buildings and $ 10 for Equipment3. Amortization expense was $ 5 for the Intangible Assets4. Happy sold a building with a cost of $ 50 and an accumulated depreciation of $ 20 for $ 405. Happy issued 200 shares of common stock to repay bonds of $ 250.6. Happy issued 100 shares of common stock to purchase equipment of $ 1257. Happy purchased land for $ 50.8. Happy also issued 200 shares of common stock at an average price of $ 4Please help me prepare a Statement of Cash flows for 2015 and Prepare the Property, Plant and Equipment section and the Stockholders’ Equity section of the 2015 balance sheet.
