Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please give the equation to each answer. thankyou. thats all the info. thanks. give the equipment computation begin{tabular}{|l|l|l|} hline 11 & multicolumn{1}{|c|}{ fi } &
please give the equation to each answer. thankyou.
thats all the info. thanks.
give the equipment computation
\begin{tabular}{|l|l|l|} \hline 11 & \multicolumn{1}{|c|}{ fi } & \multicolumn{1}{|c|}{ A } \\ \hline 1 & Equipment-Computations \\ \hline 2 & \\ \hline 3 & Equipment - Dec 31, 2019 \\ \hline 4 & Add: Equipment purchased \\ \hline 5 & Deduct: Equipment sold \\ \hline 6 & Equipment-Dec 31,2020 \\ \hline 7 & \\ \hline 8 & Accumulated Depr- Dec 31, 2019 \\ \hline 9 & Add: Depreciation Expense \\ \hline 10 & Deduct: Acc Depr on Equipment sold \\ \hline 11 & Accumulated Depr- Dec 31, 2020 \\ \hline 12 & \\ \hline 13 & Equipment sold \\ \hline 14 & Less: Acc depr on Equipment sold \\ \hline 15 & NBV of Equipment sold \\ \hline 16 & Loss on sale of Equipment \\ \hline 17 & Proceeds from sale of Equipment \\ \hline \end{tabular} Notes: From Balance Sheet Calculate \& take to investing activity From additional info, Take to table below From Balance Sheet From Balance Sheet From additional info, take to operating activity Calculate \& Take to table below From Balance Sheet From table above From table above Calculate Calculate \& take to operating activity From additional info, take to investing activity Cashflow from Financing Activites Changes to Long Term Liabilities And Common Stock Compute as change in Retained Earnings E= Sum of CF from Financing F=C+D+E G. From Balance Sheet H=F+G. Check if this ties to Balance Sheet Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started