Problem 21–16
DUX COMPANY
Spreadsheet for the Statement of Cash Flows
Dec.31 Changes Dec. 31
2015 Debits Credits 2016
Balance Sheet
Assets:
Liabilities:
Accounts payable 20 (8) 7 13
Shareholders' Equity:
X Noncash investing and financing activity.
21–102 Intermediate Accounting, 8/e
Problem 21–16 (continued)
Spreadsheet for the Statement of Cash Flows
(continued)
Dec.31 Changes Dec. 31
2015 Debits Credits 2016
Statement of Cash Flows
Net income (1) 25
Adjustments for noncash effects:
Investing activities:
Problem 21–16 (concluded)
DUX COMPANY
Statement of Cash Flows
For year ended December 31, 2016 ($ in 000s)
Cash flows from operating activities:
Net income $25
Adjustments for noncash effects:
Cash flows from investing activities:
Problem 21–17
METAGROBOLIZE INDUSTRIES
Spreadsheet for the Statement of Cash Flows
Dec.31 Changes Dec. 31
2015 Debits Credits 2016
Balance Sheet
Assets:
X Noncash investing and financing activity.
Problem 21–17 (continued)
Spreadsheet for the Statement of Cash Flows
(continued)
Dec.31 Changes Dec. 31
2015 Debits Credits 2016
Statement of Cash Flows
Operating activities:
Net income (1) 975
Adjustments for noncash effects:
21–106 Intermediate Accounting, 8/e
Problem 21–17 (concluded)
METAGROBOLIZE INDUSTRIES
Statement of Cash Flows
For year ended December 31, 2016 ($ in 000s)
Cash flows from operating activities:
Cash flows from investing activities:
Purchase of equipment (900)
Problem 21–18
ARDUOUS COMPANY
Spreadsheet for the Statement of Cash Flows
Dec.31 Changes Dec. 31
2015 Debits Credits 2016
Balance Sheet
Assets:
Liabilities:
Accounts payable 65 (10) 15 50
Problem 21–18 (continued)
Spreadsheet for the Statement of Cash Flows
(continued)
Dec.31 Changes Dec. 31
2015 Debits Credits 2016
Statement of Cash Flows
Operating activities:
Investing activities:
Problem 21–18 (continued)
Arduous Company
Statement of Cash Flows
For year ended December 31, 2016 ($ in millions)
Cash flows from investing activities:
21–110 Intermediate Accounting, 8/e
Problem 21–18 (concluded)
Noncash investing and financing activities:
The following problems use the technique learned in Appendix 21–B.
Problem 21–19
BALANCE SHEET ACCOUNTS
Cash (Statement of Cash Flows)
_____________________________________________________________
13
Accounts Receivable
______________________
3
21–112 Intermediate Accounting, 8/e
Problem 21–19 (continued)
Long-term Investments Land
______________________ ______________________________
5 30
Buildings and Equipment Accumulated Depreciation
Accounts Payable Salaries Payable
Interest Payable Income Tax Payable
Problem 21–19 (continued)
Paid-in Capital Retained Earnings
(15) 13
Treasury Stock
21–114 Intermediate Accounting, 8/e
Problem 21–19 (continued)
INCOME STATEMENT ACCOUNTS
Sales Dividend Revenue
______________________ ______________________________
Problem 21–19 (concluded)
DUX COMPANY
Statement of Cash Flows
For year ended December 31, 2016 ($ in 000s)
Cash flows from operating activities:
Problem 21–20
BALANCE SHEET ACCOUNTS
Cash (Statement of Cash Flows)
______________________________________________________________
Accounts Receivable Inventory
______________________ ______________________________
Land Accumulated Depr.-Buildings
Equipment Accumulated Depr.-Equipment
______________________ ______________________________
Problem 21–20 (continued)
Patent Accounts Payable
______________________ _______________________________
Problem 21–20 (continued)
INCOME STATEMENT ACCOUNTS
Sales Gain on Sale of Land
Cost of Goods Sold Depreciation Expense—Build.
Depreciation Expense—Equip. Loss on Sale of Equipment
______________________ ______________________________
Amortization of Patent Operating Expenses
Net Income (Income Summary)
Problem 21–20 (concluded)
METAGROBOLIZE INDUSTRIES
Statement of Cash Flows
For year ended December 31, 2016 ($ in 000s)
Cash flows from operating activities:
21–120 Intermediate Accounting, 8/e
Problem 21–21
BALANCE SHEET ACCOUNTS
Cash (Statement of Cash Flows)
________________________________________________________________
35
Operating Activities:
From customers (1) 414 200 (4) To suppliers of goods
Accounts Receivable
______________________
4
