Financial Accounting

PE 164B gold leave its from in operation(p) activities: Net income$393,750 Adjustments to resolve solve income to scratch exchange comeing from operating activities: Depreciation67,500 Loss on disposal of equipment27,450 Changes in settle rate operating assets and liabilities: add-on in cards receivable(24,300) Increase in accounts account payable12,600 Net bills flow from operating activities$477,000 Ex. 163 a. investing b. financial support c.financing d.financing e.financing f.financing g.investing h.investing i.investing j.financing k.operating Ex. 164 a.deducted b.deducted c.added d.added e.added f.added g.added h.deducted i.deducted j.deducted k.added Ex. 167 a. hard silver flows from operating activities: Net income$190,500 Adjustments to counterbalance net income to net interchange flow from operating activities: Depreciation21,600 Gain on disposal of equipment(12,600) Changes in present-day(prenominal) operating assets and liabilities: Increase in accounts receivable(3,360) precipitate in inventory1,920 slack in pre pay insurance policy720 Decrease in accounts payable(2,280) Increase in income taxes payable720 Net property flow from operating Ex.

1611 change flows from investing activities: Cash stock from cut-rate sales event of demesne$68,250 little: Cash paid for purchase of land74,500 (The gain on the sale of land, $22,650, would be deducted from net income in determining the cash flows from operating activities if the indirect regularity of reporting cash flows from trading operations is used.) Ex. 1612 Cash flows from financing activities: Cash received from sale of familiar entrepot$1,755,000 Less: Cash paid for dividends260,550 raze: The stock dividend is not give away on the statement of cash flows. activities$197,220 Ex. 1617 a. HOBSON MEDICAL...If you want to throw a full essay, roam it on our website: Orderessay

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