Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Group Assistent Preparing Summent of Cash Flow Financial Accounting 11.Due d o 2030. Med Candemedang dalam SINUH INC Comparative Balance Sheets December 31 Arts 11

image text in transcribed
Group Assistent Preparing Summent of Cash Flow Financial Accounting 11.Due d o 2030. Med Candemedang dalam SINUH INC Comparative Balance Sheets December 31 Arts 11 Acons sociale Into Prepaid eves Instments Plantas Accumulated depreciation 5 Liabilities and Stockholders Accounts payable Accrued expensable Bandsposable Common stock Retained carines Total SINJH INC Income Statement For the Year Ended December 31, 2012 Sales Los Cost of goods sold S11 Operating expenses excluding deprecation 12110 Depreciation expense Income 27250 Interesten Loss on of plantants et income Additional information: 1. New plant assets costing 53.000 e purchased for cash during the year 2 Old plant assets having an original cost of 557500 seld for s a sh 3. Bands matured and were paid off atince last 4. A cash dividend of $41.3501 was declared and paid during the year Instructions Prepare a statement of cash flows in the indirect method 1 10 Data for Sinjh Inc. are presented in PI7-9A. Further analyses reveals that payable pertain to merchandise credito Instructions Prepare a statement of cash flows for Sinj Inc. using the direct method Group Assistent Preparing Summent of Cash Flow Financial Accounting 11.Due d o 2030. Med Candemedang dalam SINUH INC Comparative Balance Sheets December 31 Arts 11 Acons sociale Into Prepaid eves Instments Plantas Accumulated depreciation 5 Liabilities and Stockholders Accounts payable Accrued expensable Bandsposable Common stock Retained carines Total SINJH INC Income Statement For the Year Ended December 31, 2012 Sales Los Cost of goods sold S11 Operating expenses excluding deprecation 12110 Depreciation expense Income 27250 Interesten Loss on of plantants et income Additional information: 1. New plant assets costing 53.000 e purchased for cash during the year 2 Old plant assets having an original cost of 557500 seld for s a sh 3. Bands matured and were paid off atince last 4. A cash dividend of $41.3501 was declared and paid during the year Instructions Prepare a statement of cash flows in the indirect method 1 10 Data for Sinjh Inc. are presented in PI7-9A. Further analyses reveals that payable pertain to merchandise credito Instructions Prepare a statement of cash flows for Sinj Inc. using the direct method

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Data Analytics For Accounting

Authors: Vernon Richardson

3rd Edition

1264444907, 9781264444908

More Books

Students also viewed these Accounting questions