I'm having a hard time with these HW problems. I have looked over the materials in my textbook and resources given by my professor and still doesn't understand the materials. I have an exam over this HW pretty soon. I hope you can help me. Thank You!

WORKBOOK EXERCISES AND PROBLEMS PART XI - Workbook Exercises Ch 10:1 Indicate the immediate effect that each transaction shown below will have on the cash account, the current ratio, and working capital. For each transaction, the effect could be an increase (+), a decrease (-), or no change (NC). Cash Current Working Account Ratio Capital Sold common stock for cash Food purchased on account Collected accounts receivable Received cash sales revenue A cash dividend declared but not yet paid Paid cash for a new cash register Borrowed funds on 30-day loan Credit card receivables were collected A used item of equipment is sold for cash Ch 10:2 Indicate in which section of a statement of cash flows, indirect method, the following transactions will be reported by showing the adjusting effect as positive using (+), or negative using (-) Transactions Operating Investing Financing Purchased new equipment Depreciation expense Sold old equipment Sold a long-term investment Borrowed on a long term note Sold marketable securities Reported a gain on equipment disposal Paid cash dividends Sold capital stock for cash Purchased long term investment Repaid a long term note Reported a loss on equipment disposal Repurchased company stockCh 11:7 You have the following condensed income statement information of a restaurant for its first two months of operations: Income Statement January February Sales Revenue $28,300 $27,500 Cost of sales expense 14,100 13,900 Wages expense 11,100 10,400 Other operating expenses 3,100 3,200 Prepaid rent expense 1,500 1,500 Depreciation expense 750 750 Monthly sales revenue is collected 75% in cash and the remaining 25% is collected in following month. Cost of sales purchases are paid 70% in cash in the current month of purchase and the remaining 30% is paid in the month (allowing. Wages and other operating cosu are paid in cash in the month they are Incurredr Prepaid rent was paid in January for the entire year. The cash bank balance atJanuary 1 was $30,200. Prepare a cash budget forlanuary and Febmary. Cash Budget, January and February Beginning Balance: Cash Receipts Cash Disbursements Ending cash balance: PART XI - Workbook Problems Ch 10:1 Using the information provided below relative to current balance sheet account for two successive year, compete a statement of cash flows as of December 31, 0013. Use Exhibit 10.4 in the text as a format guide. Comparative Balance Sheets For Two Successive Years Ending December 31, 0013 Yr. 0012 Yr. 0013 Current Assets Cash 4,800 $ 5,760 Credit card receivables (increased) 2,14 2,315 Account receivable (increased) 580 740 Food inventory (increased) 6,840 7,800 Beverage inventory (decreased) 2,860 2,140 Prepaid expenses (increased 2,400 2,800 Total Current Assets $ 19,620 $ 21,555 Current Liabilities Accounts payable (decreased) 8,200 $ 7,100 Accrued expenses payable (decreased) 2,48 1,480 Income taxes payable (decreased) 1,880 2,400 Total Current Liabilities S 12,560 10,98 Additional information: a. Depreciation expense for the year was $5,100. b. Net income for Year 0007 was $4,415. c. New equipment was purchased for cash $4,000. d. Common stock was sold for $10,000 cash. e. Paid cash dividends, $12,000. Use the outline on the next page for your solution.Adjustments to Reconcile Net Income to Net Cash Flow from Operating Activities Net Income $ Net Cash Flow adjustments Net Cash Flow, Operating Activities Cash Flow Adjustment, Investing Activities Net Cash Flow Adjustments, Financing Net Cash Flow, Financing Activities Net Cash Flow Increase SCh 10:2 Using information regarding current assets and current liabilities from the previous problem, compete a statement showing the individual changes to the working capital accounts as oi December 31, 0013. Use Exhibit 10'15 ofthe text, as a format guide. Changes in Workin Capital, December 31, Year 0013 Yr. 0012 Vr. 0013 Increase Decrease Current Assets Cash Credit card receivables Accounts receivable Food inventory Beverage inventory Prepaid expenses Total current assets Current Liabilities Accounts payable Accrued expenses payable Income tax payable Total current liabilities Net working capital Net change Totals 6 Ch 11:2 You have the following information about a restaurant: Budgeted Sales Revenue For the last Quarter Ended December 31, 0013 Budgeted Cash Sales Charge Sales Total Sales September $25,300 $12,200 $37,500 October 28,10 13,10 41,20 November 27,800 11,40 39,200 December 30,800 14,600 45,400 Collections on charge sales average 85% in the month of sale and the remaining 15% in the month following sales. Cost of sales are averaging 38% of total sales revenue and of this amount 40% is paid in cash in the month of purchase and the remaining 60% is paid in the month following. Payroll costs are on a cash basis and other budgeted operating expenses are forecasted as follows: Budgeted Operating Costs For the last Quarter Ended December 31, 0013 October November December Payroll expenses $14,200 $13,900 $15,300 Rent expense 2,600 2,600 2,600 Insurance expense 200 200 200 Utilities expense 400 500 600 Depreciation expense 90 90 90 Loan interest expense 400 400 400 Other expenses 1,200 1,000 1,40 Total operating costs $19,900 $19,500 $21,400 a. The rent, energy costs, loan interest, and other expenses are paid in cash each month as the expense is incurred. b. The insurance expense of $4,800 is paid in January each year in advance for the entire year. c. The restaurant is making $900 payments of principal each month toward a bank loan and new equipment with a total cash cost of $6,600 is to be purchased in November, and at the same time old equipment is expected to be sold for $800. d. In December, the owner plans a Christmas bonus totaling $5,000 to employees. e. Prepare the cash budget for the restaurant for October, November, and December of Year 0007. (Include the heading) Opening bank balance on October 1, 0013 is $2,800. Use form on next page.Beginning cash balance Cash Receipts Total cash available Cash Disbursements, Operating Activities Total Cash Disbursements, Operating Activities Cash Disbursements, Financing Activities Total Cash Disbursements, FinancingActivities Total Cash Disbursements Ending cash balance Credit Cash collections: Cash Disbursements