During 2020 the DLD Company had a net income of $85,000. In…
During 2020 the DLD Company had a net income of $85,000. In addition, selected accounts showed the following changes: Accounts Receivable $3,000 increase Accounts Payable 1,000 increase Buildings 4,000 decrease Depreciation Expense 1,500 increase Bonds Payable 8,000 increase What was the amount of cash provided by operating activities?
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Presented below are data for Antwerp Corp. 2020 2021 Assets, January 1 $4,200 $5,040 Liabilities, January 1 2,520 ? Stockholders’ Equity, Jan. 1 ? ? Dividends 840 630 Common Stock 756 672 Stockholders’ Equity, Dec. 31 ? ? Net Income 840 672 Stockholders’ Equity at January 1, 2020 is
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