please help on all 3
Cash $29,800 55,100 $34,800 Accounts receivable (net) 44,800 Inventory 65,400 45,100 Prepaid expenses Equipment Accumulated depreciation-equipment 15,200 25,100 89,200 74,200 (7,900) 40,400 $256,500 (17,840) Land 70,700 $307,560 $65,500 15,100 Accounts payable $52,000 Accrued expenses 18,100 Notes payable-bank, long-term Bonds payable Common stock, $10 par -0- 23,100 30,000 -0- 188,100 157,800 Retained earnings 8,860 5,500 $256,500 $307,560 Land was acquired for $30,300 in exchange for common stock, par $30,300, during the year; all equipment purchased was for cash. Equipment costing $12,900 was sold for $3,0C book value of the equipment was $6,100. Cash dividends of $10,000 were declared and paid during the year. Compute the following: (Show amounts that decrease cash flow with either a-sign e.g.-14,000 or in parenthesis e.g. (14,000).) (a) Net Cash provided 21170 by Operating activities. s (b) Net Cash used by Investing activities (c) Net Cash used by Financing activities. The balance sheet data of Brown Company at the end of 2014 and 2013 are shown below. 2013 2014 $34,800 $29,800 Cash 44,800 55,100 Accounts receivable (net) 45,100 Inventory Prepaid expenses 65,400 15,200 25,100 89,200 74,200 Equipment Accumulated depreciation-equipment (17,840) (7,900) 70,700 40,400 Land $307,560 $256,500 Accounts payable $65,500 $52,000 Accrued expenses 15,100 18,100 Notes payable-bank, long-term Bonds payable Common stock, $10 par -0- 23,100 30,000 -0- 188,100 157,800 Retained earnings 8,860 5,500 $307,560 $256,500 Land was acquired for $30,300 in exchange for common stock, par $30,300, during the year book value of the equipment was $6,100. Cash dividends of $10,000 were declared and paid Compute the following: (Show amounts that decrease cash flow with either a - sign e $307.560 $256,500 Accounts payable $65,500 $52,000 Accrued expenses Notes payable-bank, long-term Bonds payable Common stock, $10 par Retained earnings 15,100 18,100 23,100 -0- 30,000 -0- 188,100 157,800 8,860 5,500 $256,500 $307,560 Land was acquired for $30,300 in exchange for common stock, par $30,300, during the year; all equipment purchased was for cash. Equipment costing $12,900 was sold for $3,000; book value of the equipment was $6,100. Cash dividends of $10,000 were declared and paid during the year Compute the following: (Show amounts that dedrease cash flow with either a sign e.g.-14,000 or in parenthesis e.g. (14,000).) (a) Net Cash provided 21170 by Operating activities. (b) Net Cash used by Investing activities. s (c) Net Cash used by Financing activities Click if you would like to Show Work for this question: Open Show Work 2014 2013 Cash $29,800 $34,800 Accounts receivable (net) 55,100 44,800 Inventory 65,400 45,100 Prepaid expenses 15,200 25,100 Equipment 89,200 74,200 Accumulated depreciation-equipment (17,840) 70,700 (7,900) Land 40,400 $256,500 $307,560 Accounts payable $65,500 $52,000 Accrued expenses 15,100 18,100 Notes payable-bank, long-term -0- 23,100 Bonds payable 30,000 -0- Common stock, $10 par 188,100 157,800 Retained earnings 8,860 5,500 $307,560 $256,500
