Question 3: Dhofar Co. had the following information in 2020: Issuance of common stock 34000 Payment of dividends Bank loan repaid Purchase of equipment Issuance of bonds payable Sale of fixed assets...


Question 3:<br>Dhofar Co. had the following information in 2020:<br>Issuance of common stock<br>34000<br>Payment of dividends<br>Bank loan repaid<br>Purchase of equipment<br>Issuance of bonds payable<br>Sale of fixed assets<br>16000<br>22000<br>65000<br>33000<br>29000<br>Decrease in Accounts receivable<br>14000<br>15000<br>Purchase of short term investment<br>Increase of prepaid expenses<br>Purchase of land<br>Net Profit<br>13800<br>50000<br>37800<br>18500<br>Depreciation<br>Amortization<br>9500<br>Prepare cash flows statement, use indirect method for operating cash flow.<br>

Extracted text: Question 3: Dhofar Co. had the following information in 2020: Issuance of common stock 34000 Payment of dividends Bank loan repaid Purchase of equipment Issuance of bonds payable Sale of fixed assets 16000 22000 65000 33000 29000 Decrease in Accounts receivable 14000 15000 Purchase of short term investment Increase of prepaid expenses Purchase of land Net Profit 13800 50000 37800 18500 Depreciation Amortization 9500 Prepare cash flows statement, use indirect method for operating cash flow.

Jun 08, 2022
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