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Question View Policies Current Attempt in Progress In its first year of operations, Carla Vista Corporation purchased available-for-sale debt securities costing $64,000 as a long-term
Question View Policies Current Attempt in Progress In its first year of operations, Carla Vista Corporation purchased available-for-sale debt securities costing $64,000 as a long-term investment. At December 31, 2022, the fair value of the securities is $59,600. Prepare the adjusting entry to record the securities at fair value. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 eTextbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Submit AnswerView Policies Current Attempt in Progress At December 31, 2022, the trading debt securities for Pharoah, Inc. are as follows. Security Cost Fair Value A $17,200 $15,500 B 12,700 13,700 c 23,000 19,000 $52,900 $48,200 (a) Prepare the adjusting entry at December 31, 2022, to report the securities at fair value. {List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. if no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) Date Acoou nt Titles and Explanation Debit Credit Dec. 31 eTextbook and Media List of Accounts Save for Later Attempts: 0 of 2 used 0)) The parts of this question must be completed in order, This part will be available when you complete the part above. Current Attempt in Progress The following T-account is a summary of the Cash account of Sheffield Company. Cash (Summary Form) Balance, Jan. 1 8,200 Receipts from customers 361,100 Payments for goods 244,100 Dividends on stock investments 6,200 Payments for operating expenses 139,500 Proceeds from sale of equipment 36,700 Interest paid 11,300 Proceeds from issuance of Taxes paid 8,800 bonds payable 499,100 Dividends paid 60,200 Balance, Dec. 31 447,400 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash by financing activities $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit AnswerCurrent Attempt in Progress Oriole, Inc. reported net income of $2.60 million in 2022. Depreciation for the year was $166,400, accounts receivable decreased $364,000, and accounts payable decreased $291,200. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Oriole, Inc. Statement of Cash Flows-Indirect Approach Adjustments to reconcile net income to V to $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit AnswerSuppose that during 2022, Cypress Semiconductor Corporation reported net cash provided by operating activities of $91,995,000, cash used in investing of $39,727,000, and cash used in financing of $6,639,000. In addition, cash spent for plant assets during the period was $26,194,000. No dividends were paid. Calculate free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow LA eTextbook and Media Save for Later Attempts: 0 of 2 used Submit
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