Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please put the answer in the table as shown in the question. Q.9. From the following balances you are required to calculate cash from operations:

Please put the answer in the table as shown in the question.

image text in transcribed

Q.9. From the following balances you are required to calculate cash from operations: December 31, 2015 December 31, 2016 SR 64,000 SR 64,000 SR 10,000 SR 7,000 SR 16,000 SR 24,000 SR 52,000 SR 45,000 SR 22,000 SR 26,000 SR 5,000 SR 7,000 SR 1,000 SR 1,800 SR 1,900 SR 1,400 SR 270,000 Statement of cash flow from operating activities Name of accounts Car Notes payable Depreciation on Car Accounts receivable Accounts payable Accrued Service Revenue Prepaid Rent Advance commission received Profit during the year Particulars Amounts

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

Accounting for Governmental and Nonprofit Entities

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

15th Edition

978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960

More Books

Students also viewed these Accounting questions

Question

Describe the effects of labor unions on product prices.

Answered: 1 week ago