The2024comparative balance sheet and income statement ofAtkins.pdf

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The document provides information for Atkinson Group's 2024 comparative balance sheet, income statement, and statement of cash flows. It states that Atkinson disposed of a plant asset at book value during 2024 that had a cost of $12,200. The statement of cash flows is to be prepared using the indirect method for operating activities.

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The
2024
comparative balance sheet and income statement of
Atkinson
Group, Inc. follow.
Atkinson
disposed of a plant asset at book value during
2024.
LOADING...
(Click the icon to view the comparative balance sheet.)
LOADING...
(Click the icon to view the income statement.)
Prepare the spreadsheet for the
2024
statement of cash flows. Format cash flows from operating activities by the indirect method. A
plant asset was disposed of for $0. The cost and accumulated depreciation of the disposed asset
was
$12,200.
There were no sales of land, no retirement of common stock, and no treasury stock transactions.
Assume plant asset and land acquisitions were for cash.
HELPPP
PLZZZZZZZZZZ The 2024 comparative balance sheet and income statement of Atkinson
Group, Inc. follow. Atkinson disposed of a plant asset at book value during 2024. (Click the
icon to view the comparative balance sheet (Click the icon to view the income statement.)
treasury stock transactions. Assume plant asset and land acquisitions were for cash Data table
The 2024 comparative balance sheet and income statement of Atkinson Group, Inc. follow.
Atkinson disposed of a plant asset at book value during 2024. (Click the icon to view the
comparative balance sheet.) Click the icon to view the income statement.) treasury stock
transactions. Assume plant asset and land acquisitions were for cash Data table

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