Homework Answers
Answer 12 : Yes Cash Involved and its a financing Activity
Answer 13 : Yes Cash involved and its a financing Actvity
Answer 14 : No Cash not involved and its operating activity
Answer 15: Yes Cash involved and its Investing activity
Answer 16 : 50000 should be included in cash flow from investing activity
Answer 17 : Cash flow from operating activity is 185000 (-345000-2000-6000-12000+550000)
Answer 18 : Cash flow from Investing Activity is -225000 (125000-300000-50000)
Answer 19: Cash flow from Financing activity is 205000 (250000-75000+30000)
Answer 20: Cash change over the year is 165000
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Use the following to answer questions 12-15 Cashimo Typ v CASH FLOW ing....
Use the following to answer questions 12-15 Transaction Cash involved? (Yes or No) Type of CASH...
Use the following to answer questions 12-15 Transaction Cash involved? (Yes or No) Type of CASH FLOW Operating, Investing, Financing, or None Use the first letter ,,F,N) 12. Paid dividends to stockholders 13. 14. Paid interest on the loan Provided services to customers on account Paid for equipment purchased for the company 15. Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of...
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides...
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals Transaction Amount of Transaction Cash used for payment of employee salaries Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used for purchase of office equipment Cash used to pay office utilities Cash used for payment of office rent $345.000 125,000 2,000 300,000 6,000 12,000...
Transaction Cash involved? (Yes or No) Type of CASH FLOW Operating, Investing, Financing, or None Use...
Transaction Cash involved? (Yes or No) Type of CASH FLOW Operating, Investing, Financing, or None Use the first letter (O, I, F, N) 12. Paid dividends to stockholders 13. Paid interest on the loan 14. Provided services to customers on account 15. Paid for equipment purchased for the company Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction $345,000 Cash used...
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides...
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction Cash used for payment of employee salaries $300,000 25,000 Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used to purchase equipment 3,000 D 350,000 E Cash used to pay office utilities 7,200 Cash used for payment of office rent 24,000...
Following are the transaction of TAR Inc., which provides consulting services related to mining of precious...
Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction Cash used for payment of employee salaries $345,000 125,000 C Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used for purchase of office equipment Cash used to pay office utilities Cash used for payment of office rent 2,000 300,000 6,000 12,000 550,000 250,000 75,000 50,000 Cash provided...
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides...
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals Transaction A Amount of Transaction $450,000 25,000 15,000 250,000 Cash used for payment of employee salaries Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used for purchase of office ecument Cash used to pay office is Cash used for payment of office rent Cash...
answer questions 1-4 Determine whether the fire balance sheet. ether the firm reports each of the...
answer questions 1-4 Determine whether the fire balance sheet. ether the firm reports each of the following items as part of cash, cash equivalents, or neither in the Item Cash, Cash equivalent, or neither 1 Inventory for sale to customers 2.1 Investment with vestment with a maturity of 80 days at purchase 3 Three month US Treasury Bill 4. Bank deposits Use the following to answer questions 5-8 bank Reconciliation: Identify whether the item should be added or subtracted from...
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious...
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $2,350. b. Cash provided from consulting to customers, $50,100. C. Cash used for purchase of mining equipment, $82,000. d. Cash provided from long-term borrowing, $69,000. e. Cash used for payment of employee salaries, $24.900. f. Cash used for payment of office rent, $12,900. g. Cash provided from sale of equipment purchased in c. above. $23.400....
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious...
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $1,400. b. Cash provided from consulting to customers, $40,600. C. Cash used for purchase of mining equipment, $63,000. d. Cash provided from long-term borrowing, $50,000. e. Cash used for payment of employee salaries, $23,000. f. Cash used for payment of office rent, $11,000. g. Cash provided from sale of equipment purchased in c. above, $21,500....
Use the following to answer questions 26 - 32 Below is a summary of all transactions...
Use the following to answer questions 26 - 32 Below is a summary of all transactions of KEV Consulting for the month of October. Cash transactions Cash collections from Sale of unused office furniture $40,000 Borrowing from bank 150.000 Customers 777,000 Cash payments for Employee salaries 555.000 Dividends to stockholders 75.000 Adhertising expense 135.000 Utilities expense Purchased office equipment office supplies 2.000 Noncash Transactions Issue note payable for equipment S350,000 Services to customers around 15. Purchase office equipment on account...
Use the following to answer questions 12-15 Transaction Cash involved? (Yes or No) Type of CASH FLOW Operating, Investing, Financing, or None Use the first letter ,,F,N) 12. Paid dividends to stockholders 13. 14. Paid interest on the loan Provided services to customers on account Paid for equipment purchased for the company 15. Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of...
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals Transaction Amount of Transaction Cash used for payment of employee salaries Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used for purchase of office equipment Cash used to pay office utilities Cash used for payment of office rent $345.000 125,000 2,000 300,000 6,000 12,000...
Transaction Cash involved? (Yes or No) Type of CASH FLOW Operating, Investing, Financing, or None Use the first letter (O, I, F, N) 12. Paid dividends to stockholders 13. Paid interest on the loan 14. Provided services to customers on account 15. Paid for equipment purchased for the company Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction $345,000 Cash used...
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction Cash used for payment of employee salaries $300,000 25,000 Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used to purchase equipment 3,000 D 350,000 E Cash used to pay office utilities 7,200 Cash used for payment of office rent 24,000...
Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction Cash used for payment of employee salaries $345,000 125,000 C Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used for purchase of office equipment Cash used to pay office utilities Cash used for payment of office rent 2,000 300,000 6,000 12,000 550,000 250,000 75,000 50,000 Cash provided...
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals Transaction A Amount of Transaction $450,000 25,000 15,000 250,000 Cash used for payment of employee salaries Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used for purchase of office ecument Cash used to pay office is Cash used for payment of office rent Cash...
answer questions 1-4 Determine whether the fire balance sheet. ether the firm reports each of the following items as part of cash, cash equivalents, or neither in the Item Cash, Cash equivalent, or neither 1 Inventory for sale to customers 2.1 Investment with vestment with a maturity of 80 days at purchase 3 Three month US Treasury Bill 4. Bank deposits Use the following to answer questions 5-8 bank Reconciliation: Identify whether the item should be added or subtracted from...
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $2,350. b. Cash provided from consulting to customers, $50,100. C. Cash used for purchase of mining equipment, $82,000. d. Cash provided from long-term borrowing, $69,000. e. Cash used for payment of employee salaries, $24.900. f. Cash used for payment of office rent, $12,900. g. Cash provided from sale of equipment purchased in c. above. $23.400....
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $1,400. b. Cash provided from consulting to customers, $40,600. C. Cash used for purchase of mining equipment, $63,000. d. Cash provided from long-term borrowing, $50,000. e. Cash used for payment of employee salaries, $23,000. f. Cash used for payment of office rent, $11,000. g. Cash provided from sale of equipment purchased in c. above, $21,500....
Use the following to answer questions 26 - 32 Below is a summary of all transactions of KEV Consulting for the month of October. Cash transactions Cash collections from Sale of unused office furniture $40,000 Borrowing from bank 150.000 Customers 777,000 Cash payments for Employee salaries 555.000 Dividends to stockholders 75.000 Adhertising expense 135.000 Utilities expense Purchased office equipment office supplies 2.000 Noncash Transactions Issue note payable for equipment S350,000 Services to customers around 15. Purchase office equipment on account...
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