Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Example: 1) net income 30000 2) bad debt expense 2000 3) gains on disposal of FA 3000 4) losses on disposal of FA 4000

image text in transcribedimage text in transcribed

Example: 1) net income 30000 2) bad debt expense 2000 3) gains on disposal of FA 3000 4) losses on disposal of FA 4000 5) ending cash balance 2010: 26000 Account 2010 2011 Account type CF Classification Inventory 20000 10000 Supplies 17000 13000 A/R 1000 2000 Prepaid exp 9000 9000 A/P 12000 16000 N/P 25000 35000 Unearned rev 7000 5000 Tax payable 2000 4000 Equipment 80000 80000 Buildings 120000 220000 Furniture 8000 500 Dividends 7000 14000 Issuance of shares 500000 600000 Issuance of bonds 80000 120000 Loans 50000 80000 Purchase of shares 50000 Purchase of bonds 40000 Instructions: 1) CF from operating activities 2) CF from investing activities 3) CF from financing activities 4) ending cash balance 2011

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Tools for Business Decision Making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

7th edition

978-1118334331, 1118334337, 978-1119036449, 1119036445, 978-1119036432

More Books

Students also viewed these Accounting questions