ANSWERS TO QUESTIONS

Sale of land and building $181,000 Purchase of land (37,000) Purchase of equipment (53,000) Net cash provided by investing activities $ 91,000 BRIEF EXERCISE 5-15 ... Cash in bank. Premium on bonds redeemable in 2007. Inventory of operating parts and supplies. Officers’ 2007 bonus accrued. Inventory of raw materials. Accrued payroll. Accounts ... ................
................