Based on the Information Provided Below,complete the Following Worksheet to Be

question 35

Essay

Based on the information provided below,complete the following worksheet to be used to prepare the statement of cash flows.
(a)Net income for the year was $30,000.
(b)Dividends of $10,000 were declared and paid.
(c)Stylish's only noncash expense was depreciation,which totaled $50,000.
(d)The company purchased plant assets for $70,000.
(e)Notes payable in the amount of $40,000 were issued during the year for cash.
(f)Merchandise inventory increased $30,000
(g)Accounts payable decreased $10,000

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Definitions:

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited only by the second stimulus is eventually elicited by the first stimulus alone.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually triggers a conditioned response.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without the need for prior learning.

Variable-interval

In the context of psychology, a schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed.