berry corporation reported the following cash transactions for last year issued berr 4138144
Berry Corporation reported the following cash transactions for last year Issued
Berry Corporation reported the following cash transactions for last year.
Issued common stock at $72 per share……………………………………….$180,000
Paid dividends to stockholders at year end……………………………………..60,000
Received dividends from investments in other companies……………………..32,000
Purchased bonds issued by City of Metropolis…………………………………50,000
Borrowed money from City Bank………………………………………………25,000
Made payment to City Bank on loan……………………………………………..4,000
Purchased office equipment…………………………………………………….12,000
Received interest payment on City of Metropolis bonds………………………..2,000
Required:
a. Prepare the investing section of Berrys statement of cash flows.b. Prepare the financing section of Berrys statement of cash flows.
Berry Corporation reported the following cash transactions for last year Issued