Analysis of general ledger accounts

Reference no: EM13135298

An analysis of the general ledger accounts indicates that equipment, which had cost $37,000 and on which accumulated depreciation totaled $32,000 on the date of sale, was sold for $8,000 during the year. Using this information, indicate (write) the items to be reported on the statement of cash flows.

Reference no: EM13135298

Questions Cloud

The desire is to raise the temperature of the ambient air : The desire is to raise the temperature of the ambient air from 60 degree F to 350 degrees F ---- I need to calculate the amount of steam energy in BTU's per minutes and lbs of steam per minute necessary to accomplish the increase in air temperatur..

Problem related to closing entries : Delany recognized net income of $1,000,000 for 2011, and paid $150,000 quarterly dividends to its shareholders. After all closing entries are made, Tremen's "Investment in Delany Company" account would have a balance of:

What is the mass (in grams) of the sample : A sample of calcium carbonate absorbs 45.5 J of heat upon which the temperature of the sample increases from 21.1 degrees celcius to 28.5 degrees celcius.

Future value your rich godfather has offered : Your rich godfather has offered you a choice of one of the three following alternatives: $10,000 now; $2,000 a year for eight yeaers; or $24,000 at the end of eight years

Analysis of general ledger accounts : An analysis of the general ledger accounts indicates that equipment, which had cost $37,000 and on which accumulated depreciation totaled $32,000 on the date of sale, was sold for $8,000 during the year.

What is the rate of reaction : The rate of disappearance of HBr in the gas phase reaction 2HBr (g) → H2 (g) + Br2 (g)

Regular topological spaces : Reals with the "finite complement topology:" U open in X if U - X is finite or is all of X. Why compact? Why not regular? Reals with the "countable complement topology:" U open in X if X - U is countable or is all of X. Why not compact? Why not regul..

Determine the capacity of a cylindrical tank : Find the capacity of a cylindrical tank that is 250 feet in diameter and 30 feet high? In the above problem, what is the capacity if the tank is 75% full, and what is the capacity in gallons?

How many units were completed during april : Using first-in first-out method of computing equivalent units and assigning product costs. beginning WIP (10% complete), 3,000 units, $10,000 production costs, Current period production, 20,000 units, 70,240 production costs, ending WIP (85% compl..

User Account

All Pages