Indicate where, if at all, each of the following transactions would be reported on a statement of
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a. Equipment b. Cash c. Bonds Payable d. Building e. Cash f. Dividends Payable g. Furniture and Fixtures 18,000 7,200 45,000 164,000 1,400 16,500 22,100 h. Retained Earnings i. Cash . Land k. Accounts Payable I. Salary Expense 36,000 2,000 87,700 8,300 4,300 Cash 18,000 7,200 45,000 164,000 1,400 16,500 Common Stock 36,000 2,000 87,700 8,300 4,300 12,000 Long-Term Investment Interest Revenue Cash Cash Cash Cash Accounts Receivable Cash Common Stock Capital in Excess of Par Cash m. Cash 81,000 Cash 69,000 Note Payable, Short-Term 22,100 n. Treasury Stock 13,000 13,000
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Cash Flow by direct method Noncash investing and financing activities Equipment 18000 L...View the full answer
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Related Book For
Financial Accounting
ISBN: 978-0135012840
7th edition
Authors: Walter T. Harrison, Charles T. Horngren
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