Indicate in general journal form how the items below would be entered in a worksheet for the

Question:

Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash flows.

(a) Net income is ¥317,000,000.

(b) Cash dividends declared and paid totaled ¥120,000,000.

(d) Equipment that originally cost ¥40,000,000 and had accumulated depreciation of ¥32,000,000 was sold for ¥10,000,000.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Intermediate Accounting

ISBN: 978-0470616314

IFRS edition volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

See More Books

Question Posted: Jun 17, 2013 03:26 AM

See More Questions

Indicate in general journal form how the following items would be entered in a work sheet to prepare the statement of cash flows. (a) Net income is $207,000. (b) Cash dividends declared (charged to...
Preparation of a Statement of Cash Flows and a Balance Sheet Lansbury Inc. had the following balance sheet at December 31, 2016. Landsbury Inc. Balance Sheet December 31, 2016 Assets Liabilities and...
Indicate in which part of the statement of cash flows each item would appear: operating activities (O), investing activities (I), or financing activities (F). (a) _____ Cash received from customers....
Describe what is meant by the supply chain. (1marks) 2. Using examples from the case study, analyse how Nestle's Creating Shared Value contributes to its corporate social responsibility activities....
Why would the token-ring protocol be inefficient if a LAN had a very large perimeter?
Design the logic circuit corresponding to the truth table shown in Table 4-11. Data from Table 4-11 0 0 0 0 1 1 1 1 0 0 1 0 0 1 1 0 1 0 1 0 1 0 1 X 1 0 1 1 1 0 0 1
A long wire that is at rest in the Farth reference frame initially carries no current. Observer $\mathrm{E}$ in this reference frame measures linear charge densities of $\lambda_{\mathrm{En}}=$...
Discuss the importance of the wow stories in customer service for a luxury hotel like The Ritz-Carlton.
65. Doubling the initial concentration of a reactant doubles t1/2 of the reaction then order of reaction is :- (1) 3 (2) 2 (3) 1 (4) Zero
VolWorld Communications Inc., a large telecommunications company, is evaluating the possible acquisition of Bulldog Cable Company (BCC), a regional cable company. VolWor1d?s analysts project the...
In 2010, Leppard Inc. issued 1,000 ordinary shares of $10 par value for land worth $40,000. (a) Prepare Leppards journal entry to record the transaction. (b) Indicate the effect the transaction has...
Waubansee Corp. uses the direct method to prepare its statement of cash flows. Waubansees trial balances at December 31, 2010 and 2009 are shown below. Additional information: 1. Waubansee purchased...
American football is played on a 100-yd-long field, excluding the end zones. How long is the field in meters? (Assume that 1 meter equals 3.281 feet.)
Find the value of each function in Problems 14-17. $f(x)=3 x+2$; find $f(6) .$
State whether each statement in Problems 3-12 is true or false. If it is false, explain why you think that is the case. The test point $(-2,4)$ satisfies the inequality $5 x+2 y \leq 9$.
Which of the sets in Problems 3-14 are functions? $\{(4,9),(4,4),(4,29),(4,19)\}$
What is a matrix?
Which of the sets in Problems 3-14 are functions? $\{(13,4),(29,4),(5,4),(9,4)\} \quad$
What potential costs might be associated with the decision to widen the margins within which some currencies in the ERM can float?
The May 2014 revenue and cost information for Houston Outfitters, Inc. follow: Sales Revenue (at standard).............. $ 540,000 Cost of Goods Sold (at standard) ..........341,000 Direct Materials...
(a) Find the proportionality constant $K=i_{\mathrm{O}} / v_{\mathrm{S}}$ for the circuit in Figure P3-26 . (b) What are the units associated with the $K$ you found?. (c) If \(v_{\mathrm{S}}=10...
Teller SEs post-closing trial balance at December 31, 2022, was as follows. At December 31, 2022, Teller had the following number of ordinary and preference shares. The dividends on preference shares...
Sprinkle SE has outstanding 10,000 shares of 10 par value ordinary shares. On July 1, 2022, Sprinkle reacquired 100 shares at 87 per share. On September 1, Sprinkle reissued 60 shares at 90 per...
Martinez SAs ledger shows the following balances on December 31, 2022. Share CapitalPreference, 5%10 par value, outstanding 20,000 shares 200,000 Share CapitalOrdinary100 par value, outstanding...
A retail store collects 6 months' rent in advance in the amount of $18,000 on October 1, 2016. How much unearned revenue should the retail store record in its balance sheet on December 31, 2016 as a...
A sixth grade class has 12 boys and 24 girls. Consider this statement: For every 2 boys there are 4 girls. Do you agree with this statement? Also explain your answer.
While at the hardware store, Naiya purchases the following supplies: a 9.0 V battery, two rolls of aluminum foil (each - with width w = 30 cm and length = 15m), a roll of wax paper (same width and...

Indicate in general journal form how the items below would be entered in a worksheet for the

Question:

Step by Step Answer:

a OperatingNet Income 317000000 Retained Earnings 31700...View the full answer

Intermediate Accounting

Students also viewed these Managerial Accounting questions