The income starement, baiance sheets, and addisional informetion for Cloud Manqu are provided. Additional information...
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The income starement, baiance sheets, and addisional informetion for Cloud Manqu are provided. Additional information for 2024 : 1. Purchased imvestment in bonds for $107000. 2 Soid land for $23,800. The land orlginaly was purchased for $32,000, resulting in a $8,200 loss being recorded at the time of the vile 3. Purchased $52000 in equipment by issuing a $62,000 long tem note payoble to the selec. No cash was exchanged in the transaction. 4. Declared and paid a cash dividend of $26.000 Required: nimel. n
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