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  • Wyeth Company

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    impurewolf
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    The document provides balance sheet data for Wyeth Company for the years 2010 and 2009. It states that land was acquired for $30,000 in exchange for common stock. All equipment was purchased with cash. Equipment costing $13,000 was sold for $3,000, with a book value of $6,000. Cash dividends of $9,000 were declared and paid during the year.

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    Wyeth Company, ACCOUNTING SYSTEMS

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    The document provides balance sheet data for Wyeth Company for the years 2010 and 2009. It states that land was acquired for $30,000 in exchange for common stock. All equipment was purchased with cash. Equipment costing $13,000 was sold for $3,000, with a book value of $6,000. Cash dividends of $9,000 were declared and paid during the year.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    63 views1 page

    Wyeth Company

    Uploaded by

    impurewolf
    The document provides balance sheet data for Wyeth Company for the years 2010 and 2009. It states that land was acquired for $30,000 in exchange for common stock. All equipment was purchased with cash. Equipment costing $13,000 was sold for $3,000, with a book value of $6,000. Cash dividends of $9,000 were declared and paid during the year.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    The balance sheet data of Wyeth Company at the end of 2010 and 2009 follow.

    1. 2. 3. 4

    Land was acquired for $30,000 in exchange for common stock, par $30,000, during the year All equipment purchased was for cash. Equipment costing $13,000 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $9,000 were declared and paid during the year.

    Instructions Compute net cash provided (used) by: a. Operating activities. b. Investing activities. c. Financing activities.

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