3. The tollowing are accounting tems taken from the records of Paul Company for 2015...
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3. The tollowing are accounting tems taken from the records of Paul Company for 2015 Payment of dividends Increase in accounts peyabie Increase in accounts receivable Decrease in inventones Decrease in salaries peyabie Net income Payment tor purchase of land and buildings Issuance of ten-year bonds payable at per 4.000 $15,000 $19,000 $ 6,000 $14,000 $20.000 $60,000 $50,000 $10,000 Required Prepare the net cash tow trom operating activities secion of Paul Company's 2015 statement of cash fows using the indirect method 4 Zeus Inc recorded credit saies of $1,750000 duning 2015. Al December 31, 2015, the company had a 250.000 debet besiance in Accounts Recervable and a $3,000 credit balance in Allowance for Doubful Accounts Required a Prepare the necessary adjusting journal entry at December 31 to record the
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