Homework Answers
Answer:
| Particulars | Cash Inflow | Cash Outflow |
| Cash for supplies | $500 | |
| Cash for Advertisment | $400 | |
| Cash Paid for Equipment | $900 | |
| Bank Loan | $1000 | |
| Insurance | $700 | |
| Cash Recived from Customer | $2,200 | |
| Cash Paid for Taxes | $400 | |
| Cash Balance Opening | $500 | |
| Total | $3,700 | $2,900 |
| Clossing Balance | $800 |
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Maria Sanchez, an accountant by trade, moonlights as a personal trainer. Maria is curious about her...
B F Retained Earnings $300 D $300 A/P OWNERS EQUITY Capital $2,000 $300 R/E 7600 Maria...
B F Retained Earnings $300 D $300 A/P OWNERS EQUITY Capital $2,000 $300 R/E 7600 Maria Sanchez, an accountant by trade, moonlights as a personal trainer. Maria is curious about her cash inflows and outflows from her personal work for the month of February. Using the following information, prepare a statement of cash flows for Maria, Cash for Supplies Inventory $500 cash for SI (5500) Cash for Advertising $400 cash for Advertising S400) Cash Paid for Equipment $900 Equipment (5900)...
Tiger Trade has the following cash transactions for the period. Accounts Amounts $ 32,000 Cash received...
Tiger Trade has the following cash transactions for the period. Accounts Amounts $ 32,000 Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse 37,000 (42,000) (10,400) 11, 400 (22, 400) (2,400) 22,000 (4, 400) Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for...
Tiger Trade has the following cash transactions for the period. Accounts Cash received from sale of...
Tiger Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $ 39,000 44,000 (49,000) (11,800) 12,800 (23,800) (3,800) 29,000 (5,800)...
Tiger Trade has the following cash transactions for the period. Accounts Amounts Cash received from...
Tiger Trade has the following cash transactions for the
period.
Accounts
Amounts
Cash received from sale of products to customers
$
30,500
Cash received from the bank for long-term loan
35,500
Cash paid to purchase factory equipment
(40,500
)
Cash paid to merchandise suppliers
(10,100
)
Cash received from the sale of an unused warehouse
11,100
Cash paid to workers
(22,100
)
Cash paid for advertisement
(2,100
)
Cash received for sale of services to customers
20,500
Cash paid...
Tiger Trade has the following cash transactions for the period. Accounts Amounts Cash received from...
Tiger Trade has the following cash transactions for the period. Accounts Amounts Cash received from sale of products to customers $ 39,500 Cash received from the bank for long-term loan 44,500 Cash paid to purchase factory equipment (49,500 ) Cash paid to merchandise suppliers (11,900 ) Cash received from the sale of an unused warehouse 12,900 Cash paid to workers (23,900 ) Cash paid for advertisement (3,900 ) Cash received for sale of services to customers 29,500 Cash paid...
Tiger Trade has the following cash transactions for the period. Accounts Cash received from sale of...
Tiger Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $ 35,500 40,500 (45,500) (11,100) 12,100 (23,100) (3,100) 25,500 (5,100)...
Tiger Trade has the following cash transactions for the period. Amounts $36,500 41,500 (46,500) Accounts Cash...
Tiger Trade has the following cash transactions for the period. Amounts $36,500 41,500 (46,500) Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders 12,300 (23,300) (3,300) 26,500 (5,300) Assume the...
Tiger Trade has the following cash transactions for the period. Accounts Cash received from sale of...
Tiger Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $ 31,500 36,500 (41,500) (10,300) 11,300 (22,300) (2,300) 21,500 (4,300)...
Tiger Trade has the following cash transactions for the period. 10.5 points Accounts Cash received from...
Tiger Trade has the following cash transactions for the period. 10.5 points Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $ 30,500 35,500 (40,500) (10,100) 11,100 (22,100) (2,100)...
J. West, Withdrawals Jill Martin of Regina opened Martin's Catering Service. As her accountant, ana. lyze...
J. West, Withdrawals Jill Martin of Regina opened Martin's Catering Service. As her accountant, ana. lyze the transactions listed below and present in proper form: 1. The analysis of the transactions by utilizing the expanded accounting equation 2. A balance sheet showing the position of the firm before opening on November 1, 2019 3. An income statement for the month of November 4. A statement of owner's equity for November 5. A balance sheet as of November 30, 2019 2019...
B F Retained Earnings $300 D $300 A/P OWNERS EQUITY Capital $2,000 $300 R/E 7600 Maria Sanchez, an accountant by trade, moonlights as a personal trainer. Maria is curious about her cash inflows and outflows from her personal work for the month of February. Using the following information, prepare a statement of cash flows for Maria, Cash for Supplies Inventory $500 cash for SI (5500) Cash for Advertising $400 cash for Advertising S400) Cash Paid for Equipment $900 Equipment (5900)...
Tiger Trade has the following cash transactions for the period. Accounts Amounts $ 32,000 Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse 37,000 (42,000) (10,400) 11, 400 (22, 400) (2,400) 22,000 (4, 400) Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for...
Tiger Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $ 39,000 44,000 (49,000) (11,800) 12,800 (23,800) (3,800) 29,000 (5,800)...
Tiger Trade has the following cash transactions for the
period.
Accounts
Amounts
Cash received from sale of products to customers
$
30,500
Cash received from the bank for long-term loan
35,500
Cash paid to purchase factory equipment
(40,500
)
Cash paid to merchandise suppliers
(10,100
)
Cash received from the sale of an unused warehouse
11,100
Cash paid to workers
(22,100
)
Cash paid for advertisement
(2,100
)
Cash received for sale of services to customers
20,500
Cash paid...
Tiger Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $ 35,500 40,500 (45,500) (11,100) 12,100 (23,100) (3,100) 25,500 (5,100)...
Tiger Trade has the following cash transactions for the period. Amounts $36,500 41,500 (46,500) Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders 12,300 (23,300) (3,300) 26,500 (5,300) Assume the...
Tiger Trade has the following cash transactions for the period. Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $ 31,500 36,500 (41,500) (10,300) 11,300 (22,300) (2,300) 21,500 (4,300)...
Tiger Trade has the following cash transactions for the period. 10.5 points Accounts Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Amounts $ 30,500 35,500 (40,500) (10,100) 11,100 (22,100) (2,100)...
J. West, Withdrawals Jill Martin of Regina opened Martin's Catering Service. As her accountant, ana. lyze the transactions listed below and present in proper form: 1. The analysis of the transactions by utilizing the expanded accounting equation 2. A balance sheet showing the position of the firm before opening on November 1, 2019 3. An income statement for the month of November 4. A statement of owner's equity for November 5. A balance sheet as of November 30, 2019 2019...
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