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  3. will rate the balance sheet data of sweet com

will rate The balance sheet data of Sweet Company at...

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Accounting

will rate
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The balance sheet data of Sweet Company at the end of 2025 and 2024 follow. Land was acquired for $29,700 in exchange for common stock, par $29,700, during the year; all equipment purchased was for cash. Equipment costing $13,200 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $10,000 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a sign es, -12,000 or in parentheis es. (12,000)) The balance sheet data of Sweet Company at the end of 2025 and 2024 follow. Land was acquired for $29,700 in exchange for common stock, par $29,700, during the year; all equipment purchased was for cash. Equipment costing $13,200 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $10,000 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a sign es, -12,000 or in parentheis es. (12,000))

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