Homework Answers
(a) Issuance of capital stock $200000
(b) Cash paid $150000 for purchase of Supplies
(c) Provided services on account for $1800
(d) Collected cash from transaction (c) above
(e) Cash paid $1000 for Dividends
(f) $600 Cash paid for Rent
(g) $2000 Cash paid for Salaries
(h) Delivery Expenses $800 incurred on account
(i) Purchase of Supplies for cash $30000
(j) Provided services on account for $12000
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CJIVI and Dividends 1,000 (a) Cash 200,000 (b) 1,800 (e) 0 (9) 02 18,200 150,000 1,000...
Credits Debits 30,000 40,000 1,500 60,000 20,000 0 2,000 6,000 80,000 Account Title Cash Accounts receivable...
Credits Debits 30,000 40,000 1,500 60,000 20,000 0 2,000 6,000 80,000 Account Title Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 30,000 31,000 0 50,000 0 2,000 60,000 28,500 4,000 146,000 0...
+ E A Read aloud | V Draw V Highlight PALM TRAVEL AGENCY TRIAL BALANCE DECEMBER...
+ E A Read aloud | V Draw V Highlight PALM TRAVEL AGENCY TRIAL BALANCE DECEMBER 31, 2017 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Notes Payable Accounts Payable Interest Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Retained Earings Service Revenue Salaries and Wages Expense Insurance Expense Interest Expenses Depreciation Expense Supplies Expense Rent Expense Unadjusted Debit Credit $16,500 6,500 3.600 2,000 30,000 $12,000 10,000 2,600 0 0 1,100 1,000 13,800 46,100 26.000 0...
Brightcove, Inc. acquires all of stock of Ciber, Inc. for $80 million in cash and accounts...
Brightcove, Inc. acquires all of stock of Ciber, Inc. for $80 million in cash and accounts for the acquisition as a stock acquisition. Balance sheet information at the date of acquisition is as follows (in thousands) Ciber Book Value Ciber Fair Value Brightcove, Inc. Book Value Current assets $400 $250 $40,000 Plants and equipment $12,000 $5,000 $ 200,000 Licenses and trademarks $5,000 $8,000 Investment in Ciber $80,000 Current liabilities $ (800) $(800) $(80,000) Long-term liabilities $ (10,000) $(9,500) $(150,000)...
Credits Debits 30,000 40,000 1,500 60,000 20,000 0 2,000 6,000 80,000 Account Title Cash Accounts receivable...
Credits Debits 30,000 40,000 1,500 60,000 20,000 0 2,000 6,000 80,000 Account Title Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense 30,000 31,000 0 50,000 0 2,000 60,000 28,500 4,000 146,000 0 70,000 18,900 11,000...
I need help filling out the income statement. The last picture. e Search AutoSave " File...
I need help filling out the income statement. The last
picture.
e Search AutoSave " File Home B insert 8 Draw C Page Layout Esmeralda Sate Formulas saved Data Review View |M23 x v | 190 4ABC DIENG HILDKLMNOPQRISTI Cash Accounts Payable Repair Revenue Rent Expenses A , B 2.4O0 C 13, F. 6.000 P RO .00 E 2.25 D. 1,6) 4,OOD T ET BOXO 1. 17 N 900 3,DEO ML 1 154) M 2 ,000 Supplies Expense 7550. 19,COOL...
The following comparative balance sheets and other data are for Sellular Telephone Sales, Inc.: 2020 2019 Assets: Cash $279,900 $150,000 Accounts receivable, net $36,000 $40,000 Merchandise inventory $54,000 $60,000 Supplies o
The following comparative balance sheets and other data are for Sellular Telephone Sales, Inc.: 20202019Assets: Cash$279,900$150,000 Accounts receivable, net$36,000$40,000 Merchandise inventory$54,000$60,000 Supplies on hand$1,600$2,600 Prepaid expenses$2,900$2,800 Land$410,000$340,000 Equipment$380,000$440,000 Accumulated depreciation--equipment$(270,000)$(250,000) Total assets$894,400$785,400Liabilities and Stockholders' Equity: Accounts payable$72,000$80,000 Salaries payable$4,600$6,000 Accrued liabilities payable$2,400$2,000 Long-term notes payable$200,000$200,000 Common stock ($5 par)$362,500$300,000 ...
Save C Score: 0 15 of 1 pt 1 of 1 (1 complete HW Score: 14...
Save C Score: 0 15 of 1 pt 1 of 1 (1 complete HW Score: 14 73% 0 15 of 1 CPF1-55 (similar to) Question Help Golden Lake Company is a service based company that rents canoes for use on local lakes and rivers Andrea and Zon Washington graduated from college about 10 years ago. They both worked for one of the Big Four accounting firms and became CPAs. Because they both love the outdoors, they decided to begin a...
Additional information from accounting records: a. Land that originally cost $9,000 was sold for $6,000 b. ...
Additional information from accounting records:
a. Land that originally cost
$9,000 was sold for $6,000
b. The common stock of news corp
was purchased for $35,000 as a long-term investment
c. New equipment was
purchased for $150,000 cash
d. A $30,000 note was paid at
maturity on January 1
e. On January 1, 2018, $60,000 of
bonds were sold at face value
f. Common stock
($50,000 par) was sold for $76,000
g. In may, Jamaica Inc
issued a 5% stock...
On August 1,2019, the following were the account balances of B&B Repair Services. Credit Debit 6,040...
On August 1,2019, the following were the account balances of B&B Repair Services. Credit Debit 6,040 Accumulated Depreciation-Equipment $ 600 Cash Accounts Receivable Notes Receivable Supplies Equipment 2,910 4,000 1,030 10,000 Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings 2,300 1,260 1,420 12,000 6,400 $23,980 $23,980 During August, the following summary transactions were completed. Paid $400 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. Paid...
Free cash flow? Given the information above what is the amount of free cash flow for...
Free cash flow?
Given the information above what is the amount of free cash flow
for the company for the year?
Please provide formula/equations?
BUS 7013 - Managerial Accounting Cash Flow Statement Amount Calculations - Chapter 14 End of year Beginning of year Current year Change Income statement Balance sheet Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment, at cost Less: Accum. depreciation Net equipment Total assets 86,000 112,000 141,000 18,000 357,000 298,000 (100,000) 198,000 555,000 54,000 126,000...
Credits Debits 30,000 40,000 1,500 60,000 20,000 0 2,000 6,000 80,000 Account Title Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 30,000 31,000 0 50,000 0 2,000 60,000 28,500 4,000 146,000 0...
+ E A Read aloud | V Draw V Highlight PALM TRAVEL AGENCY TRIAL BALANCE DECEMBER 31, 2017 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Notes Payable Accounts Payable Interest Payable Salaries and Wages Payable Unearned Service Revenue Common Stock Retained Earings Service Revenue Salaries and Wages Expense Insurance Expense Interest Expenses Depreciation Expense Supplies Expense Rent Expense Unadjusted Debit Credit $16,500 6,500 3.600 2,000 30,000 $12,000 10,000 2,600 0 0 1,100 1,000 13,800 46,100 26.000 0...
Credits Debits 30,000 40,000 1,500 60,000 20,000 0 2,000 6,000 80,000 Account Title Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense 30,000 31,000 0 50,000 0 2,000 60,000 28,500 4,000 146,000 0 70,000 18,900 11,000...
I need help filling out the income statement. The last
picture.
e Search AutoSave " File Home B insert 8 Draw C Page Layout Esmeralda Sate Formulas saved Data Review View |M23 x v | 190 4ABC DIENG HILDKLMNOPQRISTI Cash Accounts Payable Repair Revenue Rent Expenses A , B 2.4O0 C 13, F. 6.000 P RO .00 E 2.25 D. 1,6) 4,OOD T ET BOXO 1. 17 N 900 3,DEO ML 1 154) M 2 ,000 Supplies Expense 7550. 19,COOL...
Save C Score: 0 15 of 1 pt 1 of 1 (1 complete HW Score: 14 73% 0 15 of 1 CPF1-55 (similar to) Question Help Golden Lake Company is a service based company that rents canoes for use on local lakes and rivers Andrea and Zon Washington graduated from college about 10 years ago. They both worked for one of the Big Four accounting firms and became CPAs. Because they both love the outdoors, they decided to begin a...
Additional information from accounting records:
a. Land that originally cost
$9,000 was sold for $6,000
b. The common stock of news corp
was purchased for $35,000 as a long-term investment
c. New equipment was
purchased for $150,000 cash
d. A $30,000 note was paid at
maturity on January 1
e. On January 1, 2018, $60,000 of
bonds were sold at face value
f. Common stock
($50,000 par) was sold for $76,000
g. In may, Jamaica Inc
issued a 5% stock...
On August 1,2019, the following were the account balances of B&B Repair Services. Credit Debit 6,040 Accumulated Depreciation-Equipment $ 600 Cash Accounts Receivable Notes Receivable Supplies Equipment 2,910 4,000 1,030 10,000 Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings 2,300 1,260 1,420 12,000 6,400 $23,980 $23,980 During August, the following summary transactions were completed. Paid $400 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. Paid...
Free cash flow?
Given the information above what is the amount of free cash flow
for the company for the year?
Please provide formula/equations?
BUS 7013 - Managerial Accounting Cash Flow Statement Amount Calculations - Chapter 14 End of year Beginning of year Current year Change Income statement Balance sheet Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment, at cost Less: Accum. depreciation Net equipment Total assets 86,000 112,000 141,000 18,000 357,000 298,000 (100,000) 198,000 555,000 54,000 126,000...
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