Bramble Corporation has contracted with you to prepare a statement of cash flows. The controller...
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Accounting
Bramble Corporation has contracted with you to prepare a statement of cash flows. The controller has provided the following information. Additional data related to are as follows. Equipment that had cost $ and was depreciated at time of disposal was sold for $ $ of the longterm note payable was paid by issuing common stock. Cash dividends paid were $ On January the building was completely destroyed by a flood. Insurance proceeds on the building were $net of $ taxes Equity investments ownership is less than of total shares were sold at $ above their cost. No unrealized gains or losses were recorded in Cash of $ and a longterm note for $ were given for the acquisition of equipment. Interest of $ and income taxes of $ were paid in cash. a Use the indirect method to analyze the above information and prepare a statement of cash flows for Bramble. Show amounts that decrease cash flow with either sign eg or in parenthesis eg
Bramble Corporation has contracted with you to prepare a statement of cash flows. The controller has provided the following
information.
Additional data related to are as follows.
Equipment that had cost $ and was depreciated at time of disposal was sold for $
$ of the longterm note payable was paid by issuing common stock.
Cash dividends paid were $
On January the building was completely destroyed by a flood. Insurance proceeds on the building were $net
of $ taxes
Equity investments ownership is less than of total shares were sold at $ above their cost. No unrealized gains or
losses were recorded in
Cash of $ and a longterm note for $ were given for the acquisition of equipment.
Interest of $ and income taxes of $ were paid in cash.
a Use the indirect method to analyze the above information and prepare a statement of cash flows for Bramble. Show amounts that
decrease cash flow with either sign eg or in parenthesis eg
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