Homework Answers
| Cash flow statement (Direct Method) | |||
| cash flow from operating activities | |||
| payment towards expenses | |||
| payment of salary | -1750 | ||
| payment of rent | -3550 | ||
| payment of telephone expense | -760 | ||
| payment of misc.expense | -580 | ||
| cash flow from operating activities | -6640 | ||
| Cash flow from Investing activities | |||
| purchase of office equipment | -18000 | ||
| cash flow from financing activities | |||
| cash from common stock | 38000 | ||
| cash paid | -2000 | ||
| cash flow from financing activities | 36000 | ||
| net cash flow during the year | 11360 | ||
| beginning balance | 0 | ||
| year end cash balance | 11360 |
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On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $84,000 in...
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,390 in...
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,390 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. $ 1,460 12,300 2,950 6,290 830 $13,210 12,300 2,720 45,910 17,350 7,970 83,390 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses Cash Accounts receivable Office supplies Land office equipment Accounts payable 640 Comnon Stock Also assume the...
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,390 in...
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,390 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. $ 1,460 Cash dividends Cash $13,210 12,300 2,720 Consulting revenue Accounts receivable 12,300 2,950 6,290 830 Office supplies Rent expense Salaries expense Telephone expense Miscellaneous expenses 45,910 17,350 7,970 83,390 Land Office equipment Accounts payable 640 Common Stock Exercise 1-18 Preparing...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $85,360 in...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $85,360 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $ 7,010 18,350 4,480 46,040 19,360 9,740 85,360 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 3,390 18,350...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $83,390 in...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $83,390 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common Stock $13,210 12,300 2,720 45,910 17,350 7,970 83,390 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 1,460 12,300 2,950 6,290 830 640 Using the above...
On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $83,390 in...
On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $83,390 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Cash Accounts receivable Office supplies Land office equipment Accounts payable Common Stock $13,210 12,300 2,720 45,910 17,350 7,970 83,390 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 1,460 12,300 2,950 6,290 830 640 Using the above...
Path Home Chapter 01 Homework omework Saved Help S. On October 1, Ebony Ernst organized trnst...
Path Home Chapter 01 Homework omework Saved Help S. On October 1, Ebony Ernst organized trnst Consulting; on October 3, the owner contributed $84,000 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the followin items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable office supplies Land $11,360 14,000 3,250 46,000 18,000 8,500 84,000 Cash dividends Consulting revenue Rent expense salaries expense Telephone expense Miscellaneous expenses $...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $82,890 in...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $82,890 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $15, 140 12,720 2,110 46,010 16,780 7.360 82,890 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 830 12,720...
On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $84,580 in...
On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $84,580 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. $2,65 Cash Accounts receivable office supplies Land Office equipment Accounts payable Common Stock 9,390 Cash dividends 16,ee0 Consulting revenue 3,830 Rent expense 45,988Salaries expense 18,550 Telephone expense 9,e60 Miscellaneous expenses 84,588 16,880 4,190 7,570 830 650 Using the above information prepare...
Un October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $85,160 in...
Un October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $85,160 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $ 7,520 17,950 4,310 46,000 19,190 9,600 85,160 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 3,190 17,950...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $83,660 in...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $83,660 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts, Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $12,040 13,720 2,990 45,940 17,710 8,230 83,660 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 1,760 13,720 3,210...
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,390 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. $ 1,460 12,300 2,950 6,290 830 $13,210 12,300 2,720 45,910 17,350 7,970 83,390 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses Cash Accounts receivable Office supplies Land office equipment Accounts payable 640 Comnon Stock Also assume the...
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,390 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. $ 1,460 Cash dividends Cash $13,210 12,300 2,720 Consulting revenue Accounts receivable 12,300 2,950 6,290 830 Office supplies Rent expense Salaries expense Telephone expense Miscellaneous expenses 45,910 17,350 7,970 83,390 Land Office equipment Accounts payable 640 Common Stock Exercise 1-18 Preparing...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $85,360 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $ 7,010 18,350 4,480 46,040 19,360 9,740 85,360 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 3,390 18,350...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $83,390 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common Stock $13,210 12,300 2,720 45,910 17,350 7,970 83,390 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 1,460 12,300 2,950 6,290 830 640 Using the above...
On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $83,390 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Cash Accounts receivable Office supplies Land office equipment Accounts payable Common Stock $13,210 12,300 2,720 45,910 17,350 7,970 83,390 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 1,460 12,300 2,950 6,290 830 640 Using the above...
Path Home Chapter 01 Homework omework Saved Help S. On October 1, Ebony Ernst organized trnst Consulting; on October 3, the owner contributed $84,000 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the followin items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable office supplies Land $11,360 14,000 3,250 46,000 18,000 8,500 84,000 Cash dividends Consulting revenue Rent expense salaries expense Telephone expense Miscellaneous expenses $...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $82,890 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $15, 140 12,720 2,110 46,010 16,780 7.360 82,890 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 830 12,720...
On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $84,580 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. $2,65 Cash Accounts receivable office supplies Land Office equipment Accounts payable Common Stock 9,390 Cash dividends 16,ee0 Consulting revenue 3,830 Rent expense 45,988Salaries expense 18,550 Telephone expense 9,e60 Miscellaneous expenses 84,588 16,880 4,190 7,570 830 650 Using the above information prepare...
Un October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $85,160 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $ 7,520 17,950 4,310 46,000 19,190 9,600 85,160 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 3,190 17,950...
On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $83,660 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts, Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $12,040 13,720 2,990 45,940 17,710 8,230 83,660 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 1,760 13,720 3,210...
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