Business, 23.04.2021 16:00 aubrey1161
Complete the following Spreadsheet for the preparation of statement of cash flows under the indirect method. (The statement of cash flows is not required.) (Enter all amounts as positive values.) Additional information: Net income for the year was $100,000. Dividends of $80,000 cash were declared and paid. The only noncash expense was $70,000 of depreciation Purchased plant assets for $70,000 cash. Notes payable of $20,000 were issued for $20,000 cash. $70,000 increase in accounts receivable. $20,000 decrease in inventory. $10,000 decrease in accounts payable.
Answers: 3
Business, 21.06.2019 16:10
Belstone, inc. is a merchandiser of stone ornaments. it sold 15,000 units during the year. the company has provided the following information: sales revenue $ 520,000 purchases (excluding freight in) 338,500 selling and administrative expenses 32,000 freight in 15,000 beginning merchandise inventory 43,000 ending merchandise inventory 58,500 how much is the gross profit for the year?
Answers: 3
Business, 22.06.2019 10:50
Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker
Answers: 1
Business, 22.06.2019 14:30
Your own record of all your transactions. a. check register b. account statement
Answers: 1
Complete the following Spreadsheet for the preparation of statement of cash flows under the indirect...
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