Question

Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bondA Company Cash Flow Statement Cash Flow from Investing Activities [ Select] [ Select] [Select] [ Select] Net Cash inflow(outfL JUICE from Investing Activities Cash Flow from Financing Activities [ Select] [ Select] [ Select] ($20,000) [ Select] [Sele

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Amount A COMPANY Statements of Cash Flows Particulars Amount Investing activities: Cash received on sale of equipment $ 65,00

Add a comment
Know the answer?
Add Answer to:
Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issue...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment...

    Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds for $100,000. Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable. Fill out the Investing and Financing Section of A Company's cash flow statement. A Company Cash Flow Statement Cash Flow from Investing Activities                           ...

  • 1. Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new...

    1. Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds for $100,000. Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable. Fill out the Investing and Financing Section of A Company's cash flow statement. Cash Flow Statement ASU Cash Flow from Investing Activities Sale of Equipment V [Select] Purchase of new Equipment...

  • Question 5 2 pt Below is activity for A Company during the year. Sold Equipment for...

    Question 5 2 pt Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds for $100,000. Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable. Fill out the Investing and Financing Section of A Company's cash flow statement. A Company Cash Flow Statement Cash Flow from Investing Activities Galart Select 1 ASUH A...

  • The first image is the original question, the rest are the answer choices for each box....

    The first image is the original question, the rest are the answer choices for each box. Question 5 2 pts Below is activity for A Company during the year. Sold Equipment for $65,000 Purchased new Equipment for $140,000 Issued bonds for $100,000 Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable Fill out the Investing and Financing Section of A Company's cash flow...

  • 21. A company purchases a $300,000 building, paying $200,000 in cash and signing a $100,000 promissory...

    21. A company purchases a $300,000 building, paying $200,000 in cash and signing a $100,000 promissory note. What will be reported on the statement of cash flows as a result of this transaction? A) A $300,000 cash outflow for investing activities. B) A $200,000 cash outflow for investing activities and a $100,000 cash inflow is recorded for financing activities. C) A $200,000 cash outflow for investing activities. D) A $300,000 cash outflow for investing activities and a $100,000 cash inflow...

  • Mays Company sold a machine for $10,000 cash. The machine originally cost $65,000 and the company...

    Mays Company sold a machine for $10,000 cash. The machine originally cost $65,000 and the company had recognized $53,000 in depreciation over the life of the machine. What is the effect of this sale on Mays Company's income statement and its statement of cash flows? Multiple Choice $2,000 loss on the income statement; $10,000 cash outflow from operating activities $2,000 loss on the income statement; $10,000 cash inflow from investing activities $55,000 loss on the income statement; $10,000 cash inflow...

  • . Flow Company has provided the following information for the year ended December 31, 2019: Cash...

    . Flow Company has provided the following information for the year ended December 31, 2019: Cash paid for interest, $24,000 Cash paid for dividends, $6,800 Cash dividends received, $4,800 Cash proceeds from bank loan $37,000 Cash purchase of treasury stock, $15,000 Cash paid for equipment purchase, $31.000 Cash received from issuance of common stock, $41,000 Cash received from sale of land with a $36,000 book value, $28,200 Acquisition of land costing $55,000 in exchange for preferred stock issuance. Payment of...

  • Brief Exercise 17-01 Each of the items below must be considered in preparing a statement of...

    Brief Exercise 17-01 Each of the items below must be considered in preparing a statement of cash flows for Baskerville Co. for the year ended December 31, 2020. For each item, state how it should be shown in the statement of cash flows for 2020 if the indirect method is used. (a) Issued bonds for $200,000 cash. Cash Outflow from Financing ActivityCash Outflow from Operating ActivityCash Inflow from Operating ActivityCash Inflow from Financing ActivityCash Outflow from Investing ActivityCash Inflow From...

  • Roberts Company sold equipment for $240,000, purchased a building for $6,450,000, sold short-term investments for $270,000,...

    Roberts Company sold equipment for $240,000, purchased a building for $6,450,000, sold short-term investments for $270,000, repaid principal on a note payable for $2,250,000 plus $220,000 of interest, and paid cash dividends of $31,000. What was the net cash flow from financing activities? Multiple Choice: $2,281,000 outflow. $2,501,000 outflow. $2,250,000 outflow. $2,470,000 outflow.

  • Equipment with a book value of $ 8000 is sold for $ 3000 cash . the...

    Equipment with a book value of $ 8000 is sold for $ 3000 cash . the statement of cash flows will report a: A. $5000 cash outflow in the financing activities section B. $3000 cash inflow in the operating activities section C. $5000 cash outflow in the operating activities section D. $3000 cash inflow in the investing activities section.

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT