enovO 200 points On October 1, 2014, Dastor Corporation declared a $85,200 cash

Question

enovO 200 points On October 1, 2014, Dastor Corporation declared a $85,200 cash dvidend to be paid on December 15 to shareholders of recoed on November 1 Record the events occurring on October 1 and December 15 in a horizontal statements model lke the foilowing one. In the Cash Flow column, indicate whother the item is an operaing activity (OA), an investing activity (A), or a francing activity (FA) The letters NA indicate that an element is not aftected by the event Enter any decreases to account balances and cash outflows with a minus sign.) DASTER CORPORATION Horizontal Statements Model Income Statement Balance Sheet Statement of Cash Flows Stockholders' Equity Net Revenue -Expenses- income AssetsLiabilities Common Retained R 10/01 11/01 12115 5 8 W E

Explanation / Answer

Record the event :

DASTER CORPORATION HORIZONTAL STATEMENT MODEL Balance Sheet Income statement Date Stockholder's equity Statement of cash flow Assets = Liabilities + common stock + Retained earnings Revenue - Expenses = Net income oct 1 65200 (65200) Nov 1 Dec 15 (65200) (65200) (65200) FA

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.