Saved Ingles Corporation purchased land and building, indicate where, if at all, it would be classified...
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Ingles Corporation purchased land and building, indicate where, if at all, it would be classified on the statement of cash flows
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Question 15 (1 point)
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Ingles Corporation experienced a decrease in accounts receivable, indicate where, if at all, it would be classified on the statement of cash flows.
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Homework Answers
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14. Option 2 is the answer Purchase of land and building are classified under the investing activities section of cash flow statement |
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15. Option 1 is the answer Increase or decrease of accounts receivables are classified under the operating activities section of cash flow statement |
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Ingles Corporation purchased land and building, indicate where,
if at all, it would be classified...
Multiple Choice Question 66 Assume that the E-Zip Corporation uses the indirect method to depict cash...
Multiple Choice Question 66 Assume that the E-Zip Corporation uses the indirect method to depict cash flows. Indicate where, if at all, land and building purchased with a mortgage would be classified on the statement of cash flows. O Financing activities section. O Does not represent a cash flow. O Investing activities section. O Operating activities section.
Assume that Company A uses indirect method to depict cash flows. Indicate where, if at all,...
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help me with this please. All-Star Automotive Company experienced the following accounting events during Year...
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All-Star Automotive Company experienced the following accounting events during Year 1: 1. Performed services for $15,100 cash. 2. Purchased land for $8,100 cash. 3. Hired an accountant to keep the books. 4. Received $41,000 cash from the issue of common stock. 5. Borrowed $10,200 cash from State Bank. 6. Paid $5,100 cash for salary expense. 7. Sold land for $10,200 cash 8. Paid $4,100 cash on the loan from State Bank. 9. Paid $5,300...
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All-Star Automotive Company experienced the following accounting events during Year 2: 1. Performed services for $25,000...
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Multiple Choice Question 66 Assume that the E-Zip Corporation uses the indirect method to depict cash flows. Indicate where, if at all, land and building purchased with a mortgage would be classified on the statement of cash flows. O Financing activities section. O Does not represent a cash flow. O Investing activities section. O Operating activities section.
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help me with this please.
All-Star Automotive Company experienced the following accounting events during Year 1: 1. Performed services for $15,100 cash. 2. Purchased land for $8,100 cash. 3. Hired an accountant to keep the books. 4. Received $41,000 cash from the issue of common stock. 5. Borrowed $10,200 cash from State Bank. 6. Paid $5,100 cash for salary expense. 7. Sold land for $10,200 cash 8. Paid $4,100 cash on the loan from State Bank. 9. Paid $5,300...
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Saved All-Star Automotive Company experienced the following accounting events during Year 1: 1. Performed services for $14.400 cash. 2. Purchased land for $7,400 cash. 3. Hired an accountant to keep the books 4. Received $34,000 cash from the issue of common stock 5. Borrowed $8,800 cash from State Bank. 6. Paid $4,400 cash for salary expense. 7. Sold land for $8,800 cash. 8. Paid $3,400 cash on the loan from State Bank. 9. Paid $4,600 cash for utilities expense. 10....
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...
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