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Cash Sales 50000 inventory purchased on account Account Sales 60000 COGS 55000 Operating Activities Depreciation on Building 31000 Investing Activities Depreciation on Equipment 2000 Financing
Cash Sales | 50000 | inventory purchased on account | ||||||
Account Sales | 60000 | |||||||
COGS | 55000 | |||||||
Operating Activities | ||||||||
Depreciation on Building | 31000 | Investing Activities | ||||||
Depreciation on Equipment | 2000 | Financing Activities | ||||||
Cash collections on accounts receivable | 38000 | |||||||
Cash payments on accounts payable for invetory | 39000 | |||||||
rent expense | 11000 | |||||||
Common stock issued | 240000 | |||||||
land valued | 106000 | |||||||
equipment purchased of rcash | 84000 | |||||||
Dividends | 46000 | not yet paid | ||||||
dividends paid in cash | 15000 | |||||||
interest | 16000 | |||||||
machine sold | 12000 | |||||||
January 1 operating lease | 200000 | first lease payment January 1 | 19000 |
What are the operating activities, what are the investing activities and what are the financing activities?
ISBN: 1-1339-5791-9 Practice Question 5-1. Compute cash from operating activities, investing activities, and fiancing activities.
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