please answer these its all prt of one question
h 14 and Ch 15) Required information The following information applies to the questions displayed below/ Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: $ Ending Balance Cash $ 118,480 Accounts receivable 93,900 Inventory 126,100 Total current assets DIN 338,400 Property, plant, and equipment 333,eee Less accumulated depreciation 111,000 Net property, plant, and equipment 222,000 Total assets $ 560,400 Beginning Balance 142, 300 101, 2e2 115,000 358,500 322,000 80,500 241,5ee 600,eee $ Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity 73,600 57.100 138, eee 161, see 130,788 560,400 130,700 77,300 115,888 138, eee 139, eee 600,000 $ $ During the year, Ravenna paid a $13,800 cash dividend and it sold a plece of equipment for $6.900 that had originally cost $16.200 and had accumulated depreciation of $10,800. The company did not retire any bonds or repurchase any of its own common stock during the year 6-a. If the company debited cost of goods sold and credited Inventory for $920,000 during the year, what is the total amount of Inventory purchases recorded on the debit side of the Inventory T-account and the credit side of the Accounts Payable T-account? 6-b. What is the total amount of the debits recorded in the Accounts Payable Taccount during the year? 6 c. What does the amount of these debits represent? Complete this question by entering your answers in the tabs below. Req6A Reg 6B Reg 6C If the company debited cost of goods sold and credited Inventory for $920,000 during the year, what is the total amount of Inventory purchases recorded on the debit side of the Inventory T-account and the credit side of the Accounts Payable T- account? Purchase Reg 68 > 7-a. What is the combined amount and direction (+ or --) of the inventory and accounts payable adjustments to net income in the operating activities section of the statement of cash flows? 7-b. What does this amount represent? bin in u rinn 8 a. If the company debited income tax expense and credited income taxes payable $1,750 during the year, what is the total amount of the debits recorded in the Income Taxes Payable account? 8 b. What does the amount of these debits represent? 9 a. What is the amount and direction (tor) of the income taxes payable adjustment to net income in the operating activities section of the statement of cash flows? 9-b. What does this adjustment represent? Complete this question by entering your answers in the tabs below. Reg Req9 What is the amount and direction (tor) of the income taxes payab section of the statement of cash flows? djustment to net income in the operating activities Amount Res 96 > 10. Would the operating activities section of the company's statement of cash flows contain an adjustment for a gain or a loss? What would be the amount and direction (or of the adjustment