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asap with in 10 mints Question 2 (20 points) The car balance for the charts currentes Witwie was follows December 2011 2014 Actrecere 2000/000 Merchandise
asap with in 10 mints Question 2 (20 points) The car balance for the charts currentes Witwie was follows December 2011 2014 Actrecere 2000/000 Merchandise 3.500 5.0 Tui Nike 307.000 to 00 SX 54000 1.500 Dune 2015 Weterinc reported direction expense of 10.000. A ganon of equipment was reported in the amount of 10.000 phases and see on account Netto 2015 w $40.000. Prepare the options section of the statement of cash flow in the direct method Question 3 [30 points) EE 200 ML AING $SAM acer use the collectancial statements and supplementary information given below to prepare a statement of cash flows for the your ended December 31, 2014 using the Indirect method Additional Information a Purchased equipment for $44.000 cash Sold the long foem investment on January 1, 2014 for $19,000 Sold equipment for $12,000 cash that had orginally cost $40.500 and had 543,500 of accumulated depreciation The short form version is a treasury be that was purchased win maurity in 10 days Statemental Gash Cash flows from operating Xootint Comparative Dance Sheets December 31 2014 2013 Canh 360.000 100.000 Short term investments 163.000 149.000 Accounts rece 14.300 24000 Merchand try 11.400 32.000 Long term wint 40.000 Egipt 255,500 260,000 Accued depreciation TOY001 115.000 Total 704 200 550.000 Adjust to reconcile et income to cash provided by operact Cash Rows on vesting actives Cashows from financing X Land fout Accounts payable Odends Day we Bonds payat Share a Ruang Totales de 100 200 74000 3.000 31000 51.000 0 324000 324 000 216.000 121 000 700.00 550.000 Necese (ccash Cash te dyear Cash atend of year Ea Pop 20C MAINAM acer ARA Cash flows from investing activities Merchandise inventory Long term investment Equipment Accumulated depreciation Total assets 11,400 32,000 0 40,000 265,500 200,000 (107500) (115,000) 704,200 560,000 Cashflows from financing activities Liabilities and Equity Accounts payable Dividends payible Bonds payable Share capital Retained earnings Total liabilities and equity 103,200 3,000 51,000 324 000 218.000 704 200 74,000 31,000 0 324,000 121.000 550.000 Net increase (decrease in cash Cash at beginning of your Cash at end of year X-cell in Income Statement For Year Ended December 31, 2014 Sales 830,000 Cost Of Goods Sok 640,000 Depreciation expense 35,000 Other expenses 43,000 (710.000) Loss on sale of long-term investment (21000) 7.000 Gain on sale of equipment Net income 97,000 SUBMIT AND MARK Timo Remaining: 15:40 Question 2 (20 points) The car balance for the charts currentes Witwie was follows December 2011 2014 Actrecere 2000/000 Merchandise 3.500 5.0 Tui Nike 307.000 to 00 SX 54000 1.500 Dune 2015 Weterinc reported direction expense of 10.000. A ganon of equipment was reported in the amount of 10.000 phases and see on account Netto 2015 w $40.000. Prepare the options section of the statement of cash flow in the direct method Question 3 [30 points) EE 200 ML AING $SAM acer use the collectancial statements and supplementary information given below to prepare a statement of cash flows for the your ended December 31, 2014 using the Indirect method Additional Information a Purchased equipment for $44.000 cash Sold the long foem investment on January 1, 2014 for $19,000 Sold equipment for $12,000 cash that had orginally cost $40.500 and had 543,500 of accumulated depreciation The short form version is a treasury be that was purchased win maurity in 10 days Statemental Gash Cash flows from operating Xootint Comparative Dance Sheets December 31 2014 2013 Canh 360.000 100.000 Short term investments 163.000 149.000 Accounts rece 14.300 24000 Merchand try 11.400 32.000 Long term wint 40.000 Egipt 255,500 260,000 Accued depreciation TOY001 115.000 Total 704 200 550.000 Adjust to reconcile et income to cash provided by operact Cash Rows on vesting actives Cashows from financing X Land fout Accounts payable Odends Day we Bonds payat Share a Ruang Totales de 100 200 74000 3.000 31000 51.000 0 324000 324 000 216.000 121 000 700.00 550.000 Necese (ccash Cash te dyear Cash atend of year Ea Pop 20C MAINAM acer ARA Cash flows from investing activities Merchandise inventory Long term investment Equipment Accumulated depreciation Total assets 11,400 32,000 0 40,000 265,500 200,000 (107500) (115,000) 704,200 560,000 Cashflows from financing activities Liabilities and Equity Accounts payable Dividends payible Bonds payable Share capital Retained earnings Total liabilities and equity 103,200 3,000 51,000 324 000 218.000 704 200 74,000 31,000 0 324,000 121.000 550.000 Net increase (decrease in cash Cash at beginning of your Cash at end of year X-cell in Income Statement For Year Ended December 31, 2014 Sales 830,000 Cost Of Goods Sok 640,000 Depreciation expense 35,000 Other expenses 43,000 (710.000) Loss on sale of long-term investment (21000) 7.000 Gain on sale of equipment Net income 97,000 SUBMIT AND MARK Timo Remaining: 15:40
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