The Westland Inn had net earnings of $65,000 during 20X5. Included on its income statement for 20X5 were depreciation and amortization expenses of $150,000 and $5,000, respectively. Its current accoun

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The Westland Inn had net rights of $65,000 during 20X5. Included on its pay announcement for 20X5 were backbiting and amortization expenses of $150,000 and $5,000, respectively. Its exoteric accounts on its relatively redress shuffle showed the following:

December 31

20X4

20X5

Cash

$10,000

$12,000

Marketable Securities

25,000

27,000

Accounts Receivable

45,000

40,000

Inventory

15,000

17,000

Prepaid Expense

10,000

8,000

Accounts Payable

25,000

30,000

Accrued Payroll

8,000

10,000

Income Taxes Payable

10,000

8,000

Current Maturities of Long-Term Debt

15,000

18,000

Dividends Payable

5,000

8,000

In restoration, sales of equipment, wholesale securities, and investments during 20X5 were as follows:

1. Equipment that absorb $20,000 after a while accumulated backbiting of $12,000 was sold for $5,000.

2. Investments that absorb $20,000 were sold for $25,000.

3. Wholesale securities that absorb $10,000 were sold for $8,000. Required:

Required - Prepare a list of currency flows from easy activities for 20X4.

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