1. Financing activities.
2. NA.
3. Operating activities.
4. Operating activities.
5. Operating activities.
6. NA.
7. Operating activities.
8. Financing activities.
9. Operating activities.
10. NA.
1. Acquired $22,800 cash from the issue of common stock. 2. Provided $19,400 of services on...
The following transactions pertain to the operations of Ewing Company for 2018: 1. Acquired $30,000 cash from the issue of common stock. 2. Provided $65,000 of services on account. 3. Paid $22.000 cash on accounts payable. 4. Performed services for $8,000 cash. 5. Collected $51,000 cash from accounts receivable. 6. Incurred $37,000 of operating expenses on account 7. Paid $6,500 cash for one year's rent in advance 8. Paid a $4.000 cash dividend to the stockholders 9. Paid $1,200 cash...
LAICISE 220 Classilying events on the statement of cash flows LO 2.7. 2-8 The following transactions pertain to the operations of Ewing Company for Year 1 1. Acquired $30,000 cash from the issue of common stock 2. Provided $65,000 of services on account. 3. Paid $22,000 cash on accounts payable. 4. Performed services for $8,000 cash. 5. Collected $51,000 cash from accounts receivable. 6. Incurred $37,000 of operating expenses on account. 7. Paid $6,500 cash for one year's rent in...
A: Received cash of $35,000 from the issue of common stock. B: Performed $54,000 of services on account. C:Incurred $7,700 of other operating expenses on account. D:Paid $27,000 cash for salaries expense. e: Collected $37,500 of accounts receivable. f: Paid a $3,600 dividend to the stockholders. G: Performed $10,100 of services for cash. H: Paid $6,100 of the accounts payable. The following events apply to Montgomery Company for Year 1, its first year of operation: 1. Received cash of $35,000...
All-Star Automotive Company experienced the following accounting events during 2018: 1. Performed services for $14,700 cash. 2. Purchased land for $7,700 cash. 3. Hired an accountant to keep the books. 4. Received $37,000 cash from the issue of common stock. 5. Borrowed $9,400 cash from State Bank. 6. Paid $4,700 cash for salary expense. 7. Sold land for $9,400 cash. 8. Paid $3,700 cash on the loan from State Bank. 9. Paid $4.900 cash for utilities expense. 10. Paid a...
The following events pertain to Super Cleaning Company: Acquired $15,700 cash from the issue of common stock. Provided $13,700 of services on account. Provided services for $4,700 cash. Received $3,100 cash in advance for services to be performed in the future. Collected $9,700 cash from the account receivable created in Event 2. Paid $5,700 for cash expenses. Performed $1,550 of the services agreed to in Event 4. Incurred $2,200 of expenses on account. Paid $1,450 cash in advance for one-year...
The following events pertain to Super Cleaning Company 1. Acquired $15.700 cash from the issue of common stock 2. Provided $13,700 of services on account 3. Provided services for $4700 cash 4. Received $3,100 cash in advance for services to be performed in the future 5. Collected $9700 cash from the account receivable created in Event 2 6. Paid $5,700 for cash expenses. 7. Performed $1.550 of the services agreed to in Event 4 8. Incurred $2.200 of expenses on...
The following events pertain to Super Cleaning Company 1. Acquired $16.100 cash from the issue of common stock 2. Provided $14.100 of services on account. 3. Provided services for $5300 cash 4. Received $3,500 cash in advance for services to be performed in the future. 5. Collected $10,100 cash from the account receivable created in Event 2 6. Paid $6,100 for cash expenses. 7. Performed $1,750 of the services agreed to in Event 4. 8. Incurred $2,600 of expenses on...
2,000 cash from the issue of common stock Cordell Inc, experienced the following events in 2018, its first year of operation: 1. Received $52,000 cash from the issue of common stock. 2. Performed services on account for $80,000 3. Pald a $5,200 cash dividend to the stockholders. 4. Collected $58,000 of the accounts receivable. 5. Paid $52,000 cash for other operating expenses. 6. Performed services for $16,000 cash. 7. Recognized $2,200 of accrued utilities expense at the end of the...
The following events pertain to Super Cleaning Company: 1. Acquired $15,400 cash from the issue of common stock. 2. Provided $13,400 of services on account. 3. Provided services for $4,400 cash. 4. Received $2,800 cash in advance for services to be performed in the future. 5. Collected $9,400 cash from the account receivable created in Event 2. 6. Paid $5,400 for cash expenses. 7. Performed $1,400 of the services agreed to in Event 4. 8. Incurred $1,900 of expenses on...
All-Star Automotive Company experienced the following accounting events during Year 2: 1. Performed services for $25,000 cash. 2. Purchased land for $6,000 cash. 3. Hired an accountant to keep the books. 4. Received $50,000 cash from the issue of common stock 5. Borrowed $5,000 cash from State Bank 6. Paid $14,000 cash for salary expense. 7. Sold land for $9.000 cash. 8. Paid $2,000 cash on the loan from State Bank 9. Paid $2,800 cash for utilities expense. 10. Paid...