Describe the actual transactions


Use the information in the following table to successfully fulfill requirement one listed below. acquisitions of equipment = 275,000, decrease in salaries =1000, decrease in inventories = 8000, decrease in deferred income taxes = 7000, acquisition of apartment building-=300,000, amortization of discount on bonds payable =3000, depreciation expense= 25,000, loss on sales of land = 20000 dividends paid -10000, decrease in accounts payable - 15,000, decrease in accounts receivables = 5000, net income= 250,000, issuance of bonds payable = 170,000 proceeds from the sale of land = 100000, monies paid to retire bonds = 120000 cash at the end of year 700,000. prepare the statement of cash flow using the following information in excel document. briefly describe the type of item that are not included in the body of the statement of cash flows describe the actual transactions and tell where the transaction will then be disclosed.

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Accounting Basics: Describe the actual transactions
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