Question
Prepare the operating section of cash flows statement on 31-dec (using the indirect method) you have the following information balances on 30-11 , 31-12 respectively
Prepare the operating section of cash flows statement on 31-dec (using the indirect method) you have the following information
balances on 30-11 , 31-12 respectively
Cash $ 249,930
$264,343 |
Petty cash 150,
255
Accounts receivable, 317,420
260000
Allowance for uncollectibles, $ 4,580
111300
Notes receivable 45,000
104200
Interest receivable 0
1800
Inventory 531,960,
440000
Oce supplies 2,320
830
Prepaid insurance 11,020,
5640
Prepaid rent 25,410,
18150
Bond sinking fund 145,000
160000
Land 43,000
99650
Buildings 306,000
306000
Accumulated depreciation - Buildings 73,040
70500
Trucks and lifts 78,400
70500
Accumulated depreciation - Trucks and lifts 39,540
47891
Furniture and equipment 32,800
38900
Accumulated depreciation - Furniture and equipment 13,200
18210
Notes payable 15,000
15000
Accounts payable 126,850
171549
Salaries and wages payable 1,906
3971
FICA Taxes payable 1,787
6520
Federal withholding taxes payable , 9,573 , 10199
State withholding taxes payable 2,486
4636
Federal unemployment taxes payable 400,,, 400
State unemployment taxes payable 2,600,, 2600
Dividends payable 0 , 14310
Interest payable 0 , 5890
Income taxes payable 0 15548
Mortgage notes payable 113,000
Bonds payable (issued March 1, 2013) 275,000 ,, 275000
discount on bonds payable 4400
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