Business
Business, 05.11.2019 02:31, tae1731

Cash and cash equivalents, dec. 31 prior year-end $ 47,000 cash and cash equivalents, dec. 31 current year-end 132,164 cash received as interest 4,700 cash paid for salaries 136,300 bonds payable retired by issuing common stock (no gain or loss on retirement) 175,000 cash paid to retire long-term notes payable 235,000 cash received from sale of equipment 115,150 cash received in exchange for six-month note payable 47,000 land purchased by issuing long-term note payable 101,500 cash paid for store equipment 44,650 cash dividends paid 28,200 cash paid for other expenses 75,200 cash received from customers 911,800 cash paid for inventory 474,136 use the above information about ferron company to prepare a complete statement of cash flows (direct method) for the current year ended december 31.

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Cash and cash equivalents, dec. 31 prior year-end $ 47,000 cash and cash equivalents, dec. 31 curren...

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