Please complete the by filling out the GREEN SECTION for the CASH FLOW and the columns for
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Please complete the by filling out the GREEN SECTION for the CASH FLOW and the columns for 2019, horizontal analysis and the vertical analysis
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A B D F 1 CASH FLOWS FROM OPERATING ACTIVITIES: 135,000.00 2 3 Additional information for 2019: 1. accounts receivable-receipts from customers 5 2. inventory-costs of goods sold 6 3. prepaid expenses-increase 7 4. accounts payable-increase 8 5. income taxes payable-decreased 9 6. Depreciation expense was comprised of building for 4 525,000.00 & sales revenue 507,000.00 175,000.00 purchases 155,000.00 7,000.00 14,000.00 3,000.00 9,000 and equipment 4,000 less accumulated depreciation 10 7. The company sold equipment with a book value of $11000( costs 11 8. Issued a long-term bonds in direct exchange for land for 12 9. Abuilding was purchased for cash 9,000 2000 for cash of 4,000 115,000 145,000 Equipment was also purchased for cash. 40,000 13 10. Issued common stock for cash of 35,000 14 11. The company declared and paid a cash dividend for 25,000 A B D F 1 CASH FLOWS FROM OPERATING ACTIVITIES: 135,000.00 2 3 Additional information for 2019: 1. accounts receivable-receipts from customers 5 2. inventory-costs of goods sold 6 3. prepaid expenses-increase 7 4. accounts payable-increase 8 5. income taxes payable-decreased 9 6. Depreciation expense was comprised of building for 4 525,000.00 & sales revenue 507,000.00 175,000.00 purchases 155,000.00 7,000.00 14,000.00 3,000.00 9,000 and equipment 4,000 less accumulated depreciation 10 7. The company sold equipment with a book value of $11000( costs 11 8. Issued a long-term bonds in direct exchange for land for 12 9. Abuilding was purchased for cash 9,000 2000 for cash of 4,000 115,000 145,000 Equipment was also purchased for cash. 40,000 13 10. Issued common stock for cash of 35,000 14 11. The company declared and paid a cash dividend for 25,000
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Statement of cash flow Particulars Amount Notes Cash Flow from operating activities Givenprovided Net Income 75000 Adjustment to reconcile net income ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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