Problem 21-16 Change in Cash = $33 - $20 = Increase of $13

Cash - OPS Cash - Invest Cash - Fin

(1) NI 25 1 DivRec(12) (3) Bldg 7 5 LIT(4) (7) Bonds 25 13 Div (9) Cash Flow Ops 22
(2) Dep'n 5 5 Inv. (13) 15 Equip(6) 8 T/S (10) Cash Flow Invest (13)
(3) Loss 3 7 A/P(14) Cash Flow Fin 4
(11) A/R 3 3 Sal/P(15) Change in Cash 13
(16)Int/P 2 1 Tax/P(17)
(18)Disc 1
22 13 4

A/R Div. Rec. Inventory Long-term Investment Land

47 3 (11) 2 50 10 40
((12)) 1 ((13)) 5 ((4)) 5 ((5)) 30
44 3 55 15 70

Bldg & Equip Acc Dep'n A/P Salary/P Interest/P

250 40 (3) (3) 30 50 (14) 7 20 (15) 3 5 2
(6) 15 5 (2) 2
225 25 13 2 4

Tax/P Notes/P Bonds/P Disc on B/P C/S

(17) 1 8 - 70 3 1 (18) 200
30 (5) 25 (7) 10
7 30 95 2 210

PIC R/E T/S

20 (8) 14 47 -
4 (8) (9) 13 25 (1) (10) 8
24 45 8
 (1) Cash - OPS 25 Dux Company
R/E 25 Statement of Cash Flows
(2) Cash - OPS 5 For the year ended December 31, 2013
Acc Dep'n 5 Cash Flow from Operating Activities
(3) Cash - Invest 7 Net Income $ 25
Acc
A D Dep'n
' 30 Add:
Add D Depreciation
i ti Expense
E $ 5
Cash-Ops (Loss) 3 Loss on Building 3
Bldg & Equip 40 Decrease in A/R 3
(4) Long-term Invest 5 Increase in Int/P 2
Cash-Invest 5 Discount amortization 1 14
(5) Land 30
Note Payable 30 Ded. Increase in Div/R $ 1
(Non cash investing/financing activity) Increase in Inventory 5
(6) Bldg & Equip 15 Decrease in A/P 7
Cash-Invest 15 Decrease in Sal/P 3
((7)) Cash-Fin 25 Decrease in Tax/P 1 ((17)) $ 22
Bonds/P 25 Cash Flow from Investing Activities
(8) R/E (1,000 x $14) 14 Sale of Building $ 7
C/S (1,000 x $10) 10 Purchase long-term investment (5)
PIC 4 Purchase equipment (15)
(Non cash investing/financing activity) Purchase land (30) (43)
(9) R/E 13 Cash
C h Flow
Fl from
f Financing
Fi i AActiviteis
ti it i
Cash - Fin 13 Issued Bonds $ 25
(10) Treasury Stock Issued Notes 30
Cash - Fin Paid Dividends (13)
From this point on, plug the remaining accounts that have not been explained. Purchased Treasury Stock (8) 34
Net Change in Cash $ 13
Add January 1 Balance 20
December 31 Balance $ 33

Note: Issued 5% stock dividend, $14

Acquired
q $$30 of land byy issuingg a 13%,, 7-year
y note,, $$30