3) Cash Reconciliation - We are concerned with cash flows. Accrual-based accounting is not a reflection of cash inflows and outflows. We can, however, use accounting statements to extract the cash element of the accounting entries. We start with the Income Statement and use changes in Balance Sheet accounts to adjust for cash flows. Once we have calculated operating cash flow, we then consider other long-term sources changes on the Balance Sheet that affected cash such as acquisition/sale of fixed assets, sale/repurchase of common stock, dividend payments, issuance/repayment of debt, etc. When combined, we can reconcile the change in cash from $236,000 to $276,000. Trar 2 DOO Near Ver 1 5 Cand 5 25 6-12.00 S > 1.03.10 $ Income Statements Sales Contoh Soal Gros Profit Og Expenses EHIT here we Earnings Before Tan SILOS NICO DO > 5 TWITH A Net w Aus Total Awets 1.430.000 BADO 5 3.121.00 544.00 1.572.000 2.516,000 $ 297.300 Net Profit 2110 5 25 201.00 33.000 5 s 199.00 243.000 Didad Paid $ 12.110 4915 5 1.114.05 attituality Accounts Payable Acope Shwe INP Total Current Liabilities Leg Term Date Chci Total Labrities Equity Total Sachen Equity Total Liabilities & Equity 5 639.000 ZX.CO 147. 324.000 5 184.00 1.592.000 $ 5 5 1.075.000 1.59ROS 3,121.000 $ 1.41.00 2316000 1. Calculate Operating Cash flow. Other Sources/Uses of Cash, and reconcile the change in cash: WS Tee State Change Flan Sales 3. 202.00 - A AR -A AVP CGS +A laventory Operating Expenses - A Op Accruals Inst Dec - A Depreciation - Accrued Interest Interest - A Deferred Taxes Taxes Net Profit Operating Cash Flow Other sources ses Cash Reconcilian -A Fixed Assets Operating Cash Flow - Depreciation Other Change in Cash + A Short-Term Debt Total Change in Cash + A Long-Term Debt + A Other Liabilities Beginning Cash - Dividends Paid Total Change in Cash Other Change in Casi Ending Cash 2. Interpret the result - include a final comment on profits versus cash flow. Please do not re-write your calculations...this section is used to analyze the various outcomes from above. Cash Collected Income Statement Adjustment Cash Flow Account Sales - AAK Cash Collected 3) Cash Reconciliation - We are concerned with cash flows. Accrual-based accounting is not a reflection of cash inflows and outflows. We can, however, use accounting statements to extract the cash element of the accounting entries. We start with the Income Statement and use changes in Balance Sheet accounts to adjust for cash flows. Once we have calculated operating cash flow, we then consider other long-term sources changes on the Balance Sheet that affected cash such as acquisition/sale of fixed assets, sale/repurchase of common stock, dividend payments, issuance/repayment of debt, etc. When combined, we can reconcile the change in cash from $236,000 to $276,000. Trar 2 DOO Near Ver 1 5 Cand 5 25 6-12.00 S > 1.03.10 $ Income Statements Sales Contoh Soal Gros Profit Og Expenses EHIT here we Earnings Before Tan SILOS NICO DO > 5 TWITH A Net w Aus Total Awets 1.430.000 BADO 5 3.121.00 544.00 1.572.000 2.516,000 $ 297.300 Net Profit 2110 5 25 201.00 33.000 5 s 199.00 243.000 Didad Paid $ 12.110 4915 5 1.114.05 attituality Accounts Payable Acope Shwe INP Total Current Liabilities Leg Term Date Chci Total Labrities Equity Total Sachen Equity Total Liabilities & Equity 5 639.000 ZX.CO 147. 324.000 5 184.00 1.592.000 $ 5 5 1.075.000 1.59ROS 3,121.000 $ 1.41.00 2316000 1. Calculate Operating Cash flow. Other Sources/Uses of Cash, and reconcile the change in cash: WS Tee State Change Flan Sales 3. 202.00 - A AR -A AVP CGS +A laventory Operating Expenses - A Op Accruals Inst Dec - A Depreciation - Accrued Interest Interest - A Deferred Taxes Taxes Net Profit Operating Cash Flow Other sources ses Cash Reconcilian -A Fixed Assets Operating Cash Flow - Depreciation Other Change in Cash + A Short-Term Debt Total Change in Cash + A Long-Term Debt + A Other Liabilities Beginning Cash - Dividends Paid Total Change in Cash Other Change in Casi Ending Cash 2. Interpret the result - include a final comment on profits versus cash flow. Please do not re-write your calculations...this section is used to analyze the various outcomes from above. Cash Collected Income Statement Adjustment Cash Flow Account Sales - AAK Cash Collected