Homework Answers
| Cash Flow Statement | |||||
| Cash flow from Operating Activities | |||||
| Receipts: | |||||
| Collections from customers | $ 118,000.00 | ||||
| Total Receipts | $ 118,000.00 | ||||
| Payments: | |||||
| Payment of salaries and wages | $ 38,000.00 | ||||
| Payment of Interest | $ 16,000.00 | ||||
| Payment of Income Tax | $ 14,000.00 | ||||
| Payment to Suppliers | $ 53,000.00 | ||||
| Total Payments | $ 121,000.00 | ||||
| Net cash flow from operations | $ (3,000.00) | ||||
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rtial) D18 i Data Table $ $ 38,000 13,000 Payment of salaries and wages Depreciation expense...
All info is included. thank you! 0 Data Table $ $ Payment of salaries and wages...
All info is included. thank you!
0 Data Table $ $ Payment of salaries and wages Depreciation expense Payment of interest Payment of dividends Collections from customers 30,000 13,000 15,000 6,500 117,000 Net income Payment of income tax Collection of dividend revenue Payment to suppliers 20,000 17,000 6,500 58,000 Print Done The accounting records of Lucky Dice Parts reveal the following BEE (Click the icon to view the accounting records.) Compute cash flows from operating activities using the direct method...
Payment of salaries and wages $36,000 Net income $24,000 Depreciation expense 15,000 Payment of income tax...
Payment of salaries and wages $36,000 Net income $24,000 Depreciation expense 15,000 Payment of income tax 10,000 Payment of interest 14,000 Collection of dividend revenue 5,500 Payment of dividends 5,500 Payment to suppliers 58,000 Collections from customers 115,000 The accounting records of Best Parts reveal the following: Compute cash flows from operating activities using the direct method for the year ended December 31, 2018 (Use a minus sign or parentheses for amounts that result in a decrease in cash. If...
i Data Table X filiation follo tional infor Cash Payments Check No. Cash Credit Cash Receipts...
i Data Table X filiation follo tional infor Cash Payments Check No. Cash Credit Cash Receipts Date Cash Debit Dec. 4 $ 4.150 500 1416 200 1870 Print | Done Done Data Table ollow: formation.) 13.900 Bank Statement for December Beginning Balance Deposits and other Credits: Dec. 200 Dec. 4.150 500 560 Dec. 2,050 Dec 22 Checks and other Debits. Dec. NSF 1 100 Dec Dec o es 1.700 100 Print Done i Data Table pllow: formation.) Dec. NSF 11...
i More Info 5 for ng wd. Sub api of Aph. a. Purchase of fixed assets...
i More Info 5 for ng wd. Sub api of Aph. a. Purchase of fixed assets for cash, $55,400 b. Proceeds from issuance of common stock, $60,000 Payment of dividends, $46,400 Collection of interest, $8,500 Payment of salaries, $88,000 Proceeds from sale of fixed assets, $23,500 Collections from customers, $609,000 Cash receipt of dividend revenue, $4,600 Payments to suppliers, $368,500 Depreciation expense, $62,000 Proceeds from issuance of long-term notes, $48,100 Payments of long-term notes payable, $44,000 m. Interest expense and...
plete) This Qu Data Table Green Advertising Services Adjusted Trial Balance December 31, 2018 abel o...
plete) This Qu Data Table Green Advertising Services Adjusted Trial Balance December 31, 2018 abel o Balance Account Title Cash Accounts Receivable Office Supplies Land Debit Credit $14,000 15,800 6,500 18,400 47,900 Building Accumulated Depreciation-Building Furniture Accumulated Depreciation-- Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Farninns s 36,100 19,600 14,100 10,600 7,200 16,000 30,000 31 400 arenth Print Done Data Table Building Accumulated Depreciation-Building Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings...
in cashIf * Data Table - X $ ties Cash receipt from sale of land Depreciation...
in cashIf * Data Table - X $ ties Cash receipt from sale of land Depreciation expense Cash payment of dividends Cash receipt from issuance of common stock 25.000 7.000 6.300 25.000 Net income Cash purchase of equipment Decrease in current liabilities Increase in current assets other than cash 36,000 36,000 19.000 14.000 Print Done number in the input helds and then continue to the next question Question Help Street Cellular accountants have assembled the following data for the year...
Data Table Accountants for Carlson, Inc. have assembled the following data for the year ended December...
Data Table Accountants for Carlson, Inc. have assembled the following data for the year ended December 31,2018: (Click the icon to view the current accounts.) (Click the lcon to view the transaction data.) Prepare Carlson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities 2018 2017 Current Assets: Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for...
X Data Table November 30, 2018 2017 16,500 $ Current assets: Cash and cash equivalents Accounts...
X Data Table November 30, 2018 2017 16,500 $ Current assets: Cash and cash equivalents Accounts receivable Inventories Prepaid expenses Current liabilities: Accounts payable Accrued liabilities Income tax payable 14,100 63,900 13,600 17,000 21,900 60,500 2,800 55,300 $ 57,800 $ 57,000 9,000 37,000 10,100 Х More Info Acquisition of land by issuing note payable Amortization expense Payment of cash dividend Cash purchase of equipment Issuance of long-term note payable to borrow cash Proceeds from sale of long- $ 118,000 term...
Prepare the Income Statement for the year ending Dec 31,2018. plete) This Qu Data Table Green...
Prepare the Income Statement for the year ending Dec 31,2018.
plete) This Qu Data Table Green Advertising Services Adjusted Trial Balance December 31, 2018 abel o Balance Account Title Cash Accounts Receivable Debit Credit $14,000 15,800 6,500 18,400 47,900 Office Supplies Land Building Accumulated Depreciation-Building Furniture Accumulated Depreciation--Furniture Accounts Payable $ 36,100 19,600 14,100 10,600 7,200 16,000 30,000 31 400 Salaries Payable Unearned Revenue Common Stock llRetained Farninns arenth Print Done Data Table Building Accumulated Depreciation-Building Furniture Accumulated Depreciation-Furniture Accounts...
Accountants for Morston, Inc. have assembled the following data for the year ended December 31, 2018...
Accountants for Morston, Inc. have assembled the following data for the year ended December 31, 2018 in (Click the icon to view the current accounts.) Click the icon to view the transaction data.) Prepare Morston's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts that result in...
All info is included. thank you!
0 Data Table $ $ Payment of salaries and wages Depreciation expense Payment of interest Payment of dividends Collections from customers 30,000 13,000 15,000 6,500 117,000 Net income Payment of income tax Collection of dividend revenue Payment to suppliers 20,000 17,000 6,500 58,000 Print Done The accounting records of Lucky Dice Parts reveal the following BEE (Click the icon to view the accounting records.) Compute cash flows from operating activities using the direct method...
i Data Table X filiation follo tional infor Cash Payments Check No. Cash Credit Cash Receipts Date Cash Debit Dec. 4 $ 4.150 500 1416 200 1870 Print | Done Done Data Table ollow: formation.) 13.900 Bank Statement for December Beginning Balance Deposits and other Credits: Dec. 200 Dec. 4.150 500 560 Dec. 2,050 Dec 22 Checks and other Debits. Dec. NSF 1 100 Dec Dec o es 1.700 100 Print Done i Data Table pllow: formation.) Dec. NSF 11...
i More Info 5 for ng wd. Sub api of Aph. a. Purchase of fixed assets for cash, $55,400 b. Proceeds from issuance of common stock, $60,000 Payment of dividends, $46,400 Collection of interest, $8,500 Payment of salaries, $88,000 Proceeds from sale of fixed assets, $23,500 Collections from customers, $609,000 Cash receipt of dividend revenue, $4,600 Payments to suppliers, $368,500 Depreciation expense, $62,000 Proceeds from issuance of long-term notes, $48,100 Payments of long-term notes payable, $44,000 m. Interest expense and...
plete) This Qu Data Table Green Advertising Services Adjusted Trial Balance December 31, 2018 abel o Balance Account Title Cash Accounts Receivable Office Supplies Land Debit Credit $14,000 15,800 6,500 18,400 47,900 Building Accumulated Depreciation-Building Furniture Accumulated Depreciation-- Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Farninns s 36,100 19,600 14,100 10,600 7,200 16,000 30,000 31 400 arenth Print Done Data Table Building Accumulated Depreciation-Building Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings...
in cashIf * Data Table - X $ ties Cash receipt from sale of land Depreciation expense Cash payment of dividends Cash receipt from issuance of common stock 25.000 7.000 6.300 25.000 Net income Cash purchase of equipment Decrease in current liabilities Increase in current assets other than cash 36,000 36,000 19.000 14.000 Print Done number in the input helds and then continue to the next question Question Help Street Cellular accountants have assembled the following data for the year...
Data Table Accountants for Carlson, Inc. have assembled the following data for the year ended December 31,2018: (Click the icon to view the current accounts.) (Click the lcon to view the transaction data.) Prepare Carlson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities 2018 2017 Current Assets: Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for...
X Data Table November 30, 2018 2017 16,500 $ Current assets: Cash and cash equivalents Accounts receivable Inventories Prepaid expenses Current liabilities: Accounts payable Accrued liabilities Income tax payable 14,100 63,900 13,600 17,000 21,900 60,500 2,800 55,300 $ 57,800 $ 57,000 9,000 37,000 10,100 Х More Info Acquisition of land by issuing note payable Amortization expense Payment of cash dividend Cash purchase of equipment Issuance of long-term note payable to borrow cash Proceeds from sale of long- $ 118,000 term...
Prepare the Income Statement for the year ending Dec 31,2018.
plete) This Qu Data Table Green Advertising Services Adjusted Trial Balance December 31, 2018 abel o Balance Account Title Cash Accounts Receivable Debit Credit $14,000 15,800 6,500 18,400 47,900 Office Supplies Land Building Accumulated Depreciation-Building Furniture Accumulated Depreciation--Furniture Accounts Payable $ 36,100 19,600 14,100 10,600 7,200 16,000 30,000 31 400 Salaries Payable Unearned Revenue Common Stock llRetained Farninns arenth Print Done Data Table Building Accumulated Depreciation-Building Furniture Accumulated Depreciation-Furniture Accounts...
Accountants for Morston, Inc. have assembled the following data for the year ended December 31, 2018 in (Click the icon to view the current accounts.) Click the icon to view the transaction data.) Prepare Morston's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts that result in...
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