Question
The following beginning balances are given for ATB Company at 01.01.2020. Account Name Amount (TL) Cash 83.600 Banks 19.000 Checks 43.000 Accounts Receivable 56.000 Notes
The following beginning balances are given for ATB Company at 01.01.2020.
| Account Name | Amount (TL) |
| Cash | 83.600 |
| Banks | 19.000 |
| Checks | 43.000 |
| Accounts Receivable | 56.000 |
| Notes Receivable | 67.400 |
| Allowance for Uncollectible Accounts | 16.000 |
| Inventory | 750.000 |
| Prepaid Expenses - Rent | 50.400 |
| Accounts Payable | 135.000 |
| Notes Payable | 152.600 |
| Dividends | 26.000 |
| Tax payable | 71.800 |
| Bank Loan | 228.000 |
| Bonds Issued | 230.000 |
| Buildings | 675.000 |
| Furniture and fixture | 250.000 |
| Accumulated Depreciation - Buildings | 30.000 |
| Capital Stock | 537.000 |
| Unearned Revenue | 110.000 |
| Retained Earnings | 510.000 |
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- Prepare the cash-flow statement for the period 01.01.2020 - 31.01.2020, according to indirect method.
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Codification Of Statements On Auditing Standards Including Statements On Standards For Attestation Engagements Volume 1
Authors: AICPA
1st Edition
1937352013, 978-1937352011
