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the first picture is the start of the question and all the other are the next parts of the question 4 adition to the factor

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the first picture is the start of the question and all the other are the next parts of the question
4 adition to the factor for and wonder wie for the Theda went at the end of the year. There was for per year se company share the man Reture defective equipment to the manufacturer, receiving the of.. Required: 1. Create a Taccount for each of the accounts on the statement of financiation and the balances at the end of 2000 as beginning balance for 2001 2. Record each of the transactions for the account including reference and determine the ending balance 2. plain your response to transaction (1) 4. Prepare a trial balance at December 31, 2021 Prepare a classified statement of financial position at December 31, 2001. & Compute the current ratio at December 31, 2001. What does this ratio suggest about tection Plastics Company P2-4 Identifying Effects of Transactions on the Statement of Cash Flows (AP2-6) Refer to P2-3 Required: Using transactions (a) through in 12-3, indicate whether each transaction is an investing (1) or a financing (F) activity for the year and the direction of the effect on cash flows (+ for increase and for decrease). If there is no effect on cash flows, write NE. P2-5 Recording Transactions, Preparing Journal Entries, Posting to T-Accounts, Preparing a Statement of Financial Position, and Evaluating the Current Ratio (AP2-5) excel Apple Inc, headquartered in Cupertino, California, designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players, and sells L027 LO2-5,2-6 Apple Inc. Selling general CHAPTER 2 Investing and Financing Decisions and the Accounting System a variety of related software and services. The following is Apple's (simplified) statement of financial position from a recent year (fiscal year ended on the last Saturday of September) 3,956 APPLE INC Statement of Financial Position At September 29, 2018 (in millions of U.S. dollars) ASSETS Current assets Cash and cash equivalents 5 25.913 Short term investments 40.388 Accounts receivable 23.186 Inventories Other current assets 37,896 Total current assets 131,339 Non-current assets Long-term investments 170.799 Property, plant, and equipment 41,304 Other non-current assets 22,283 Total non-current assets 234,386 Total assets $365,725 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable $ 55.888 Short-term notes payable 20.748 Deferred revenue 7,543 Other current liabilities 32.687 Total current liabilities 116,866 Non-current liabilities Long-term debt 93.735 Other non-current liabilities 47.977 Total non-current liabilities 141,712 Shareholders' equity Contributed capital 36,747 Retained earnings 70.400 Total shareholders' equity 107,147 Total liabilities and shareholders' equity $365,725 Source: Apple Inc., Annual Report 2018. sume that the following transactions (in millions) occurred during the TO LABLE AND SHAREHOLDERS COUNTY 20.74 7,543 32.00 116,866 Dube Other to 93.735 47.977 141.712 Non-current liabilities Longe det Other non current liabilities Total non current abilities Shareholders' equity Contributed capital 36,747 Retained emings 70.400 Total shareholders' equity 107.147 Total Habilities and shareholders' equity $365,725 Source: Apple Inc.. Annual Report 2018 Assume that the following transactions (in millions) occurred during the next fiscal year (ended on September 28, 2019) a. Borrowed $6,266 from banks due in two years. 6. Purchased additional investments for $71,000 cash; one-6h were long-term and the rest were short-term Purchased property, plant, and equipment; paid $13,571 in cash and signed a short-term note for $5,410 d. Issued additional shares for $469 in cash. e Sold short-term investments costing $55,810 for $56,810 cash. 5. Declared $13,735 in dividends to be paid at the beginning of the next fiscal year. Required: 1. Prepare a journal entry for each transaction. Use the account titles in Apple's statement of financial position and show answers in millions of dollars. 2. Create T-accounts for each account and include the September 29, 2018, balances, create a new account, Dividends Payable, with a beginning balance of $0. Post each journal entry to th appropriate Taccounts 3. Prepare a trial balance at September 28, 2019. 101 CHAPTER 2 Investing and Financing Decisions and the Accounting System ncial LO2-7 Apple Inc. 4. Prepare a classified statement of financial position for Apple at September 28, 2019 based on these transactions 5. Compute Apple's current ratio for the year ending on September 28, 2019. Round your answer to two decimal places. What does this suggest about the company? P2-6 Identifying the Investing and Financing Activities Affecting the Statement of Cash Flows (AP2-6) Refer to P2-5. Required: For each of the transactions (a) to (7), indicate whether the activity is (1) investing (I) or financing (F) and (2) the direction and amount of the effect on cash flows (+ for increases; - for decreases), II the activity does not affect the statement of cash flows, indicate no effect (NE). P2-7 Using Financial Reports: Preparing a Classified Statement of Financial Position, and Analyzing the Current Ratio (AP2-7) The accounts below, in alphabetical order, are adapted from The Castle Inc.'s statement of financia position (amounts in thousands of dollars): Prior Current Current Prior Year Year Voer Year $113,590 $115,35 $16.133 Inventories Accounts payable and $17.865 LO2-6 The Castle Inc. hii 205 4 adition to the factor for and wonder wie for the Theda went at the end of the year. There was for per year se company share the man Reture defective equipment to the manufacturer, receiving the of.. Required: 1. Create a Taccount for each of the accounts on the statement of financiation and the balances at the end of 2000 as beginning balance for 2001 2. Record each of the transactions for the account including reference and determine the ending balance 2. plain your response to transaction (1) 4. Prepare a trial balance at December 31, 2021 Prepare a classified statement of financial position at December 31, 2001. & Compute the current ratio at December 31, 2001. What does this ratio suggest about tection Plastics Company P2-4 Identifying Effects of Transactions on the Statement of Cash Flows (AP2-6) Refer to P2-3 Required: Using transactions (a) through in 12-3, indicate whether each transaction is an investing (1) or a financing (F) activity for the year and the direction of the effect on cash flows (+ for increase and for decrease). If there is no effect on cash flows, write NE. P2-5 Recording Transactions, Preparing Journal Entries, Posting to T-Accounts, Preparing a Statement of Financial Position, and Evaluating the Current Ratio (AP2-5) excel Apple Inc, headquartered in Cupertino, California, designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players, and sells L027 LO2-5,2-6 Apple Inc. Selling general CHAPTER 2 Investing and Financing Decisions and the Accounting System a variety of related software and services. The following is Apple's (simplified) statement of financial position from a recent year (fiscal year ended on the last Saturday of September) 3,956 APPLE INC Statement of Financial Position At September 29, 2018 (in millions of U.S. dollars) ASSETS Current assets Cash and cash equivalents 5 25.913 Short term investments 40.388 Accounts receivable 23.186 Inventories Other current assets 37,896 Total current assets 131,339 Non-current assets Long-term investments 170.799 Property, plant, and equipment 41,304 Other non-current assets 22,283 Total non-current assets 234,386 Total assets $365,725 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable $ 55.888 Short-term notes payable 20.748 Deferred revenue 7,543 Other current liabilities 32.687 Total current liabilities 116,866 Non-current liabilities Long-term debt 93.735 Other non-current liabilities 47.977 Total non-current liabilities 141,712 Shareholders' equity Contributed capital 36,747 Retained earnings 70.400 Total shareholders' equity 107,147 Total liabilities and shareholders' equity $365,725 Source: Apple Inc., Annual Report 2018. sume that the following transactions (in millions) occurred during the TO LABLE AND SHAREHOLDERS COUNTY 20.74 7,543 32.00 116,866 Dube Other to 93.735 47.977 141.712 Non-current liabilities Longe det Other non current liabilities Total non current abilities Shareholders' equity Contributed capital 36,747 Retained emings 70.400 Total shareholders' equity 107.147 Total Habilities and shareholders' equity $365,725 Source: Apple Inc.. Annual Report 2018 Assume that the following transactions (in millions) occurred during the next fiscal year (ended on September 28, 2019) a. Borrowed $6,266 from banks due in two years. 6. Purchased additional investments for $71,000 cash; one-6h were long-term and the rest were short-term Purchased property, plant, and equipment; paid $13,571 in cash and signed a short-term note for $5,410 d. Issued additional shares for $469 in cash. e Sold short-term investments costing $55,810 for $56,810 cash. 5. Declared $13,735 in dividends to be paid at the beginning of the next fiscal year. Required: 1. Prepare a journal entry for each transaction. Use the account titles in Apple's statement of financial position and show answers in millions of dollars. 2. Create T-accounts for each account and include the September 29, 2018, balances, create a new account, Dividends Payable, with a beginning balance of $0. Post each journal entry to th appropriate Taccounts 3. Prepare a trial balance at September 28, 2019. 101 CHAPTER 2 Investing and Financing Decisions and the Accounting System ncial LO2-7 Apple Inc. 4. Prepare a classified statement of financial position for Apple at September 28, 2019 based on these transactions 5. Compute Apple's current ratio for the year ending on September 28, 2019. Round your answer to two decimal places. What does this suggest about the company? P2-6 Identifying the Investing and Financing Activities Affecting the Statement of Cash Flows (AP2-6) Refer to P2-5. Required: For each of the transactions (a) to (7), indicate whether the activity is (1) investing (I) or financing (F) and (2) the direction and amount of the effect on cash flows (+ for increases; - for decreases), II the activity does not affect the statement of cash flows, indicate no effect (NE). P2-7 Using Financial Reports: Preparing a Classified Statement of Financial Position, and Analyzing the Current Ratio (AP2-7) The accounts below, in alphabetical order, are adapted from The Castle Inc.'s statement of financia position (amounts in thousands of dollars): Prior Current Current Prior Year Year Voer Year $113,590 $115,35 $16.133 Inventories Accounts payable and $17.865 LO2-6 The Castle Inc. hii 205

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