Business, 30.09.2019 22:00 handog12

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, $40 par account no. balance date item debit credit debit credit jan. 1 balance, 120,000 shares 4,800,000 apr. 2 30,000 shares issued for cash 1,200,000 6,000,000 june 30 4,400-share stock dividend 176,000 6,176,000 account paid-in capital in excess of par-common stock account no. balance date item debit credit debit credit jan. 1 balance 360,000 apr. 2 30,000 shares issued for cash 720,000 1,080,000 june 30 stock dividend 114,400 1,194,400 account retained earnings account no. balance date item debit credit debit credit jan. 1 balance 2,000,000 june 30 stock dividend 290,400 1,709,600 dec. 30 cash dividend 463,200 1,246,400 dec. 31 net income 1,440,000 2,686,400 if an amount is not reported on the statement of cash flows, enter in "0" in the amount column.

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Reporting stockholders' equity items on statement of cash flows on the basis of the following stockh...

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