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Reporting Stockholders' Equity Items on Statement of Cash Flows On the basis of the following...

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Accounting

Reporting Stockholders' Equity Items on Statement of Cash Flows

On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year.

ACCOUNT Common Stock, $5 par ACCOUNT NO.
Balance
Date Item Debit Credit Debit Credit
Jan. 1 Balance, 45,000 shares 225,000
Apr. 2 11,250 shares issued for cash 56,250 281,250
June 30 2,000-share stock dividend 10,000 291,250

ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO.
Balance
Date Item Debit Credit Debit Credit
Jan. 1 Balance 135,000
Apr. 2 11,250 shares issued for cash 191,250 326,250
June 30 Stock dividend 7,500 333,750

ACCOUNT Retained Earnings ACCOUNT NO.
Balance
Date Item Debit Credit Debit Credit
Jan. 1 Balance 187,000
June 30 Stock dividend 17,500 169,500
Dec. 30 Cash dividend 21,500 148,000
Dec. 31 Net income 134,600 282,600

If an amount is not reported on the statement of cash flows, enter in "0" in the Amount column.

Item Section of Statement of Cash Flows Added or Deducted Amount
Sale of common stock $
Cash dividend $
Stock dividend $

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