Answer the ten ( 1 0 ) questions given the following data: Assets Liabilities 2 0 2
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Question:
Answer the ten questions given the following data:
Assets Liabilities
Cash $ $ Accounts Payable $ $
Accounts Receivable $ $ Salaries Payable $ $
Prepaid Expenses $ $ Current Liabilities $ $
Current Assets $ $
Notes Payable $ $
Fixed Assets $ $
Accumulated Depreciation $ $ Total Liabilities $ $
Net Fixed Assets $ $
Equity
Common Stock, Par Value $ $
Additional Paid in Capital $ $
Treasury Stock $ $
Retained Earnings $ $
Total Equity $ $
Total Assets $ $ Total Liabilities & Equity $ $
Information for :
Net Income was $
Dividends declared and paid were $
Depreciation Expense was $
As of Jan shares of $ par value common stock were issued.
As of Jan shares were reacquired.
Fixed assets that cost $ had accumulated depreciation of $ were sold for $
shares of stock were reacquired during the year.
An additional loan of $ was taken out during the year.
Question
What is the change in cash in
If the amount appears as a positive in the statement of cash flows, enter it as a positive. If it appears as a negative number in the statement of cash flows, enter a negative sign in front of the number. Do not enter any dollar signs or commas. For example, if the number is negative $ enter
Question
What is the change in cash from operations?
If the amount appears as a positive in the statement of cash flows, enter it as a positive. If it appears as a negative number in the statement of cash flows, enter a negative sign in front of the number. Do not enter any dollar signs or commas. For example, if the number is negative $ enter
Question
What is the change in cash from investing activities?
If the amount appears as a positive in the statement of cash flows, enter it as a positive. If it appears as a negative number in the statement of cash flows, enter a negative sign in front of the number. Do not enter any dollar signs or commas. For example, if the number is negative $ enter
Question
What is the change in cash from financing activities?
If the amount appears as a positive in the statement of cash flows, enter it as a positive. If it appears as a negative number in the statement of cash flows, enter a negative sign in front of the number. Do not enter any dollar signs or commas. For example, if the number is negative $ enter
Question
What is the adjustment in operating activities related to the sale of the fixed asset in
If the amount appears as a positive in the statement of cash flows, enter it as a positive. If it appears as a negative number in the statement of cash flows, enter a negative sign in front of the number. Do not enter any dollar signs or commas. For example, if the number is negative $ enter
Question
What is the adjustment in operating activities related to the change in AR in
If the amount appears as a positive in the statement of cash flows, enter it as a positive. If it appears as a negative number in the statement of cash flows, enter a negative sign in front of the number. Do not enter any dollar signs or commas. For example, if the number is negative $ enter
Question
What is the adjustment in investing activities related to the purchase of fixed assets during
If the amount appears as a positive in the statement of cash flows, enter it as a positive. If it appears as a negative number in the statement of cash flows, enter a negative sign in front of the number. Do not enter any dollar signs or commas. For example, if the number is negative $ enter
Question
What is the adjustment in investing activities related to the sale of fixed assets in
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: