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(Solved) (Latest ver. Aug 2020) - Johnsfield Cash Flow concepts

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Johnsfield & Co. will be undertaking the following financial transactions in the next planning period. For each transaction represented in the table below, check the statement or statements that will be affected immediately.

`Pro Forma Income Pro Forma Balance
Transaction Cash Budget StatementSheet
Cash Sales
Credit Sales
Account Receivable
are collected
Assets with 5-year Life
are purchased
Depreciation is taken
Amortization of goodwill is taken
Sale of common stock
Retirement of outstanding bonds
Fire Insurance premium is paid for the next 3 year


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