Homework Answers
Solution:
| Bond payable $51000 retired and new bonds issued $37,000 | Financing | 51000 | Decrease |
| Financing | 37000 | Increase |
If net amount is to be shown:
| Bond payable $51000 retired and new bonds issued $37,000 | Financing | 14000 | Decrease |
Add Answer to:
А! and current liabilities. There was no depreciation for the year. Operating (0) Investing (0) Financing...
issued later in the year for $37.000. Operating (0) Investing 0 Financing (F) Amount of Cash...
issued later in the year for $37.000. Operating (0) Investing 0 Financing (F) Amount of Cash Flow Increase (+) Decrease (-) Activity Bonds payable were retired for their face value of $61,000 (cash paid). Cash dividends of $10.000 were also paid. A new long-term note payable was signed for cash proceeds of $29,000. Choose from any list or enter any number in the input fields and then click Check Answer. 4 parts Clear All remaining 26122....wav v mail_855326122...wav o e...
long-term note payable was signed for cash proceeds of $29,000. Operating (0) Investing (0) Financing (F)...
long-term note payable was signed for cash proceeds of $29,000. Operating (0) Investing (0) Financing (F) Amount of Cash Flow Increase (+) Decrease (-) £ Activity A plant asset with a cost of $69,000 and accumulated depreciation of $17.000 was sold for a $14.000 loss. Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts Clear All 3 remaining
For each of the following situations, identify whether the activity is an operating, investing, or financing...
For each of the following situations, identify whether the activity is an operating, investing, or financing activity and compute the cash provided or used by the activity. The indirect method is used. (An activity may have more than one category. Be sure to select only the type of activity that applies. Combine the total for each type of cash flow on one line. Enter all values as positive numbers. Leave unused cells blank.) Operating (0) Investing (1) Financing (F) Amount...
For each of the following situations, identify whether the activity is an operating, investing, or financing...
For each of the following situations, identify whether the activity is an operating, investing, or financing activity and compute the cash provided or used by the activity. The indirect method is used. (An activity may have mcre than one category. Be sure to select only the type of activity that applies. Combine the total for each type of cash flow on one line. Enter all values as positive numbers. Leave unused cells blank.) A building with a cost of $188,000...
Letters A-K all have the answer options of FINANCING ACTIVITY, INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING...
Letters A-K all have the answer options of FINANCING ACTIVITY,
INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING ACTIVITY, or
OPERATING ACTIVITY, as shown in the picture. All other information
is provided. thank you!
-X More Info Date Accounts and Explanation Debit Credit Cash 72,000 а. Common Stock 72,000 Treasury Stock b. 16,500 Cash 16,500 Cash 88,000 C. Sales Revenue 88,000 Land d. 103,000 Cash 103,000 Depreciation Expense-Equipment 6,800 e. Accumulated Depreciation-Equipment 6,800 Dividends Payable 19,500 f. Cash 19,500 22,000 Land g....
for each of the following situtions identify wether the activity is an operating investing or financing...
for
each of the following situtions identify wether the activity is an
operating investing or financing activity and compute the cash
provided or used bt the activity. the indirect metjod is used
Score: 0.85 of 4 pts S13-4 (similar to) For each of the following situations, identify whether the activity is an operating, Investing, or financing activity and compute the cash provided or used by the of cash flow on one line. Enter all values as positive numbers. Leave unused...
7 of 7 (0 complete) HW Score: 0%, 0 of 100 pts core: 0 of 20...
7 of 7 (0 complete) HW Score: 0%, 0 of 100 pts core: 0 of 20 pts E9-19A (similar to) en Question Help On January 1, 2017, Bronson Corporation issued five-year, 6% bonds payable with a face value of $2,600,000. The bonds were issued at 87 and pay interest on January 1 and July 1. Bronson amortizes bond discounts using the straight-line method. On December 31, 2019, Bronson retired the bonds early by purchasing them at a market price of...
P 10-2 Cash Flows Classification Operating Investing Financing Effect on Cash Activity Activity Activity Increase Decrease...
P 10-2 Cash Flows Classification Operating Investing Financing Effect on Cash Activity Activity Activity Increase Decrease Data a. Net income b. Paid cash dividend c. Increase in receivables d. Retirement of debt-paying cash Purchase of treasury stock Purchase of equipment e. f. Cash Flows Classification Operating Investing Financing Noncash Effect on Cash Trans- Decrease actions Data Activity Activity Activity Increase Sale of equipment Decrease in inventory Acquisition of land, using common stock Retired bonds, using common stock Decrease in accounts...
P12-34A (similar to) Question Help On January 1, 2018, Agricultural Credit Union (ACU) issued 7 %...
P12-34A (similar to) Question Help On January 1, 2018, Agricultural Credit Union (ACU) issued 7 % , 20-year bonds payable with face value of $800,000. The bonds pay interest on June 30 and Decemb 31 Read the requirements Requirement 1. If the market interest rate is 5 % when ACU issues its bonds, will the bonds be priced at face value, at a premium, or at a discount? Explain. The 7% bonds issued when the market interest rate is 5...
Tabares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing...
Tabares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity. (a) Issued $50,000 par value common stock for cash. (b) Purchased a machine for $30,000, giving a long-term note in exchange. (c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. (d) Declared and paid a cash dividend of $18,000. (e) Sold a long-term investment with a cost...
issued later in the year for $37.000. Operating (0) Investing 0 Financing (F) Amount of Cash Flow Increase (+) Decrease (-) Activity Bonds payable were retired for their face value of $61,000 (cash paid). Cash dividends of $10.000 were also paid. A new long-term note payable was signed for cash proceeds of $29,000. Choose from any list or enter any number in the input fields and then click Check Answer. 4 parts Clear All remaining 26122....wav v mail_855326122...wav o e...
long-term note payable was signed for cash proceeds of $29,000. Operating (0) Investing (0) Financing (F) Amount of Cash Flow Increase (+) Decrease (-) £ Activity A plant asset with a cost of $69,000 and accumulated depreciation of $17.000 was sold for a $14.000 loss. Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts Clear All 3 remaining
For each of the following situations, identify whether the activity is an operating, investing, or financing activity and compute the cash provided or used by the activity. The indirect method is used. (An activity may have more than one category. Be sure to select only the type of activity that applies. Combine the total for each type of cash flow on one line. Enter all values as positive numbers. Leave unused cells blank.) Operating (0) Investing (1) Financing (F) Amount...
For each of the following situations, identify whether the activity is an operating, investing, or financing activity and compute the cash provided or used by the activity. The indirect method is used. (An activity may have mcre than one category. Be sure to select only the type of activity that applies. Combine the total for each type of cash flow on one line. Enter all values as positive numbers. Leave unused cells blank.) A building with a cost of $188,000...
Letters A-K all have the answer options of FINANCING ACTIVITY,
INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING ACTIVITY, or
OPERATING ACTIVITY, as shown in the picture. All other information
is provided. thank you!
-X More Info Date Accounts and Explanation Debit Credit Cash 72,000 а. Common Stock 72,000 Treasury Stock b. 16,500 Cash 16,500 Cash 88,000 C. Sales Revenue 88,000 Land d. 103,000 Cash 103,000 Depreciation Expense-Equipment 6,800 e. Accumulated Depreciation-Equipment 6,800 Dividends Payable 19,500 f. Cash 19,500 22,000 Land g....
for
each of the following situtions identify wether the activity is an
operating investing or financing activity and compute the cash
provided or used bt the activity. the indirect metjod is used
Score: 0.85 of 4 pts S13-4 (similar to) For each of the following situations, identify whether the activity is an operating, Investing, or financing activity and compute the cash provided or used by the of cash flow on one line. Enter all values as positive numbers. Leave unused...
7 of 7 (0 complete) HW Score: 0%, 0 of 100 pts core: 0 of 20 pts E9-19A (similar to) en Question Help On January 1, 2017, Bronson Corporation issued five-year, 6% bonds payable with a face value of $2,600,000. The bonds were issued at 87 and pay interest on January 1 and July 1. Bronson amortizes bond discounts using the straight-line method. On December 31, 2019, Bronson retired the bonds early by purchasing them at a market price of...
P 10-2 Cash Flows Classification Operating Investing Financing Effect on Cash Activity Activity Activity Increase Decrease Data a. Net income b. Paid cash dividend c. Increase in receivables d. Retirement of debt-paying cash Purchase of treasury stock Purchase of equipment e. f. Cash Flows Classification Operating Investing Financing Noncash Effect on Cash Trans- Decrease actions Data Activity Activity Activity Increase Sale of equipment Decrease in inventory Acquisition of land, using common stock Retired bonds, using common stock Decrease in accounts...
P12-34A (similar to) Question Help On January 1, 2018, Agricultural Credit Union (ACU) issued 7 % , 20-year bonds payable with face value of $800,000. The bonds pay interest on June 30 and Decemb 31 Read the requirements Requirement 1. If the market interest rate is 5 % when ACU issues its bonds, will the bonds be priced at face value, at a premium, or at a discount? Explain. The 7% bonds issued when the market interest rate is 5...
Tabares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity. (a) Issued $50,000 par value common stock for cash. (b) Purchased a machine for $30,000, giving a long-term note in exchange. (c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. (d) Declared and paid a cash dividend of $18,000. (e) Sold a long-term investment with a cost...
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