Problem 21-16
(1) NI
(2) Dep'n
(3) Loss
(11) A/R
(16)Int/P
(18)Disc
Change in Cash = $33 - $20 = Increase of $13
Cash - OPS
25
5
3
3
2
1
22
A/R
47
1 DivRec(12) (3) Bldg
5 Inv. (13)
7 A/P(14)
3 Sal/P(15)
1 Tax/P(17)
13
3
(11)
((12))
44
(6)
(17)
Bldg & Equip
250
40
15
225
Tax/P
1
Cash - Invest
7
5 LIT(4)
(7) Bonds
15 Equip(6)
(3)
(3)
Div. Rec.
2
1
3
((13))
Acc Dep'n
30
50
5 (2)
25
A/P
7
(8)
(8)
(9)
R/E
14
13
Long-term Investment
10
((4))
5
15
20
Bonds/P
70
25 (7)
95
T/S
47
25 (1)
45
(15)
Salary/P
3
13
30 (5)
30
PIC
20
4
24
Inventory
50
5
55
-
7
(10)
Cash Flow Ops
Cash Flow Invest
Cash Flow Fin
Change in Cash
22
(13)
4
13
4
(14)
Notes/P
8
Cash - Fin
25
13 Div (9)
8 T/S (10)
8
8
((5))
Land
40
30
70
Interest/P
5
2
2
4
2
Disc on B/P
3
2
C/S
1
(18)
200
10
210
(1) Cash - OPS
25
R/E
25
(2) Cash - OPS
5
Acc Dep'n
5
(3) Cash - Invest
7
Acc
Dep'n
30
A D
'
Cash-Ops (Loss)
3
Bldg & Equip
40
(4) Long-term Invest
5
Cash-Invest
5
(5) Land
30
Note Payable
30
(Non cash investing/financing activity)
(6) Bldg & Equip
15
Cash-Invest
15
25
((7)) Cash-Fin
Bonds/P
25
(8) R/E (1,000 x $14)
14
C/S (1,000 x $10)
10
PIC
4
(Non cash investing/financing activity)
(9) R/E
13
Cash - Fin
13
(10) Treasury Stock
Cash - Fin
From this point on, plug the remaining accounts that have not been explained.
Dux Company
Statement of Cash Flows
For the year ended December 31, 2013
Cash Flow from Operating Activities
Net Income
$
25
Add:
Add D
Depreciation
i ti Expense
E
$
5
Loss on Building
3
Decrease in A/R
3
Increase in Int/P
2
Discount amortization
1
14
Ded.
Increase in Div/R
$
Increase in Inventory
Decrease in A/P
Decrease in Sal/P
Decrease in Tax/P
Cash Flow from Investing Activities
Sale of Building
Purchase long-term investment
Purchase equipment
Purchase land
Cash
C h Flow
Fl from
f
Financing
Fi
i A
Activiteis
ti it i
Issued Bonds
Issued Notes
Paid Dividends
Purchased Treasury Stock
Net Change in Cash
Add January 1 Balance
December 31 Balance
1
5
7
3
1
((17)) $
$
$
7
(5)
(15)
(30)
22
(43)
25
30
(13)
(8)
$
$
34
13
20
33
Note: Issued 5% stock dividend, $14
Acquired
q
$$30 of land byy issuingg a 13%,, 7-year
y note,, $$30