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)

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.

(c) Equipment was purchased for ¥114,000,000.

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


Step by Step Solution

★★★★★

3.43 Rating (169 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

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

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

255-B-M-A-S-C-F (1840).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

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...

Q:

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...

Q:

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....

Q:

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 $540,000. (b) Cash dividends declared, but...

Q:

BE23-13 (a) 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 my answer was: ANSWER:...

Q:

Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash flows. (Credit account titles are automatically indented when amount...

Q:

Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash flows. ( Credit account titles are automatically indented when the...

Q:

a Buat Kertas Kerja dan hitung PPh Pasal 21 untuk Masa Juli 2018. b. Buat Kertas Kerja dan hitung PPh Pasal 21 atas Tunjangan Hari Raya untuk Masa Agustus 2018. C. Buatkan SPT PPh Pasal 21 untuk masa...

Q:

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 $594,000. (b) Cash dividends declared, but...

Q:

Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash flows. (Credit account titles are automatically indented when amount...

Q:

Choose a company that you want to analyze, could be a company for which you have some knowledge or a company for which you have some interest and desire to find out more about through this analysis....

Q:

For the ternary system acetone, benzene, and n-heptane at 1 atm find, in suitable references, all the binary and ternary azeotropes, and sketch an approximate distillation-curve map on an...

Q:

In the case of convertible bonds, what adjustments must be made to the numerator and the denominator in the EPS calculation?

Q:

Find a list of entry level IS jobs. What skills will you need to develop over the next few years to qualify for them?

Q:

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...

Q:

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...

Q:

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...

Q:

The real risk - free rate ( r * ) is 2 . 8 % and is expected to remain constant. Inflation is expected to be 5 % per year for each of the next five years and 4 % thereafter. The maturity risk premium...

Q:

Generally, the marketable securities account includes securities that are traded in the money markets. Group of answer choices True False...

Q:

Gold Star Rice, Limited, of Thailand exports Thai rice throughout Asia. The company grows three varieties of riceWhite, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming...