At December 31,2022 , the trading debt securities for Pharoah, Inc. are as follows. (a) Prepare the adjusting entry at December 31,2022 , to report the securities at fair value. ( List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) eTextbook and Media List of Accounts Attempts: 0 of 2 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Current Attempt in Progress Here are comparative balance sheets for Kingbird Company. Prepare a statement of cash flows-indirect method. Additional information: 1. Net income for 2020 was $102,000. 2. Cash dividends of $28,000 were declared and paid. 3. Bonds payable amounting to $59,000 were redeemed for cash $59,000. 4. Common stock was issued for $41,000 cash. 5. Equipment that cost $49,000 and had a book value of $29,000 was sold for $38,000 during 2020 ; land was sold at cost. gneg. Oriole, Inc. reported net income of $2.60 million in 2022 . Depreciation for the year was $166,400, accounts receivable decreased $364,000, and accounts payable decreased $291,200. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Current Attempt in Progress The following T-account is a summary of the Cash account of Sheffield Company. What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Net cash by financing activities $ eTextbook and Media Assistance Used Last saved 1 day ago. Attempts: 0 of 2 used Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes. Sheridan Company's investments in equity securities at December 31 show total cost of $190,400 and total fair value of $215,000. Sheridan has less than a 20% ownership interest in the equity securities. Prepare the adjusting entry. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Current Attempt in Progress The net income for Sunland Co. for 2022 was $328,800. For 2022 , depreciation on plant assets was $69,300, and the company incurred a loss on disposal of plant assets of $27,400. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000)
