Required 1 Required 2 Use the indirect method to determine the net cash provided by operating...
1. Use the indirect method to determine the net cash provided by
operating activities for the year and prepare a statement of cash
flows for the year.
The following changes took place last year in Pavolik Company's balance sheet accounts: Liabilities and Stockholders' Equity Accounts Accounts payable Asset and Contra-Asset Accounts $ 35 D $ 39 I $ 88 D $ 34 I $ 36 D $ 620 I $ 127 I Cash and cash equivalents S107 I $ 39...
The following changes took place last year in Pavolik Company's balance sheet accounts: Asset and Contra-Asset Accounts Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipment Accumulated depreciation Liabilities and Stockholders' Equity Accounts $ 5D Accounts payable $ 35 1 $110 I Accrued liabilities $ 4D $ 70 D Income taxes payable $ 81 Bonds payable $150 1 $ 6D Common stock $ 80 D $185 I Retained earnings $ 54 1 $ 60...
The following changes took place last year in Pavolik Company's balance sheet accounts: Asset and Contra-Asset Accounts Cash Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipment Accumulated depreciation $ 5D $110 I $ 79 D $ 91 $ 60 $ 185 I $ 60 I Liabilities and Stockholders' Equity Accounts Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings D = Decrease; I = Increase. Long-term Investments that cost the company $6 were...
The following changes took place last year in Pavolik Company's balance sheet accounts: Asset and Contra-Asset Accounts Cash Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipment Accumulated depreciation Liabilities and Stockholders' Equity Accounts $ 5D Accounts payable $ 35 I $110 T Accrued liabilities $ 70 D Income taxes payable $ 9I Bonds payable $150 I $ 6 D Common stock $ 80D $185 I Retained earnings $ 60 1 D = Decrease: I = Increase. Long-term...
The following changes took place last year in Pavolik Company's balance sheet accounts: Asset and Contra-Asset Accounts Cash Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipment Accusulated depreciation $ 18 D $ 22 I $ 54 D $ 17 1 $ 19 D $365 I Liabilities and Stockholders' Equity Accounts Accounts payable $ 56 I Accrued liabilities $ 22 D Income taxes payable $ 27 1 Bonds payable $188 I Common stock Retained earnings $ 76 T...
Exercise 14-4 Prepare a Statement of Cash Flows [LO14-1, LO14-2] The following changes took place last year in Pavolik Company's balance sheet accounts: Asset and Contra-Asset Accounts Cash Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipment Accumulated depreciation Liabilities and Stockholders' Equity Accounts $ 10 D Accounts payable $32 $ 14 1 Accrued liabilities $ 14 D $ 38 D Income taxes payable $ 19 1 $ 91 Bonds payable $124 I $ 11 D Common stock...
The following changes took place Pavolik Company's balance sheet accounts: Asset and Contra-Asset Accounts Cash and cash equivalents recounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipment Accumulated depreciation Liabilities and Stockholders' Equity Accounts Accounts payable Accrued liabilities Income taxes payable Bonds payable $150 I Common stock $ 80 D Retained earnings D = Decrease; 1 - Increase Long term investments that cost the company $6 were sold during the year for $16 and land that cost $15...
The following changes took place last year in Pavolik Company's balance sheet accounts: Asset and contra-Asset Accounts Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Long-tere Investments Property, plant, and equipment Accumulated depreciation $ SD $1101 $70 D § 91 $ 60 $185 I SET Liabilities and Stockholders' Equity Accounts Accounts payable $35 I Accrued liabilities $ 4D Income taxes payable $ 81 Bonds payable Common stock Retained earnings $ 150 D-Decrease; 1 - Increase Long-term investments that cost...
The following changes took place last year in Pavolik Company's balance sheet accounts: Asset and Contra-Asset Accounts Cash Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipment Accumulated depreciation $ 13 D $150 I $ 70 D $ 17 I $ 14 D $ 169 I $ 52 1 Liabilities and Stockholders' Equity Accounts Accounts payable $ 43 I Accrued liabilities $ 4D Income taxes payable $ 16 1 Bonds payable $ 134 I Common stock $ 56...
The following changes took place last year in Pavolik Company's balance sheet accounts: Asset and Contra-Asset Accounts Cash Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipment Accumulated depreciation Liabilities and Stockholders' Equity Accounts $ 220 Accounts payable $ 68 T $ 261 ccrued liabilities $ 26 D. $ 62 D Income taxes payable $ 31 I $ 211 Bonds payable $220 T $ 23 D Common stock $ 104 D $425 I Retained earnings $ 88 I...