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This Question: 25 pts The following amounts summarize the financial position of H&R Young Corp. on May 31. ASSETS Cash A/R = LIABILITIES + OWNER'S
This Question: 25 pts The following amounts summarize the financial position of H&R Young Corp. on May 31. ASSETS Cash A/R = LIABILITIES + OWNER'S EQUITY Supplies 3096 5832 43380 A/P Capital 9720 42688 a) Performed services and billed the client for the services rendered; $4000 b) Withdrew $1900 for personal use c) Received $2000 of A/R issued in transaction (a) d) Purchased equipment $1300 and paid $300 in cash and the remaining on account e) Paid $1200 of electricity bill How much is the cash flows from operating activities? OA. 2800- OB. none of them C. 1200 D. 800 E 4800 How much is the cash flows from investing activities? Click to select your answer PO The following amounts summarize the financial position of H&R You ASSETS Cash A/R = LIABILITIES + OWNER'S EQUITY Supplies 3096 5832 43380 A/P Capital 9720 42688 a) Performed services and billed the client for the services rendered b) Withdrew $1900 for personal use c) Received $2000 of A/R issued in transaction (a) d) Purchased equipment $1300 and paid $300 in cash and the remai e) Paid $1200 of electricity bill How much is the cash flows from investing activities? OA. none of them OB. 1700 C. -300 OD. -2300 OE. -1300 How much is the cash flows from financing activities? PAY Click to select your answer. 18 The following amounts summarize the financial position of H&R Young Co ASSETS Cash A/R = LIABILITIES + OWNER'S EQUITY Supplies 3096 5832 43380 A/P 9720 Capital 42688 a) Performed services and billed the client for the services rendered; $400C b) Withdrew $1900 for personal use c) Received $2000 of A/R issued in transaction (a) d) Purchased equipment $1300 and paid $300 in cash and the remaining or e) Paid $1200 of electricity bill How much is the cash flows from financing activities? A. none of them B. 100 OC. 1900 OD. 1900 How much is the increases/decreases cash balance during the period? OA. none of them Click to select your answer. 9 The following amounts summarize the financial position of H&R Young Corp. on Ma ASSETS Cash A/R = LIABILITIES + OWNER'S EQUITY Supplies 3096 5832 43380 A/P Capital 9720 42688 a) Performed services and billed the client for the services rendered; $4000 b) Withdrew $1900 for personal use c) Received $2000 of A/R issued in transaction (a) d) Purchased equipment $1300 and paid $300 in cash and the remaining on account e) Paid $1200 of electricity bill OD. 1900 How much is the increases/decreases cash balance during the period? A. none of them B. 1696 OC-1400 OD. 4600 OE 1400 Click to select your
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