Solution-Analyze transactions and indicate whether each

Analyze transactions and indicate whether each transaction

Assignment Help Accounting Basics

Reference no: EM131779967

Tabares Corporation had these transactions during 2017.

Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities.

(a)	Issued $50,000 par value common stock for cash.	Operating ActivitiesNoncash Investing and Financing ActivitiesFinancing ActivitiesInvesting Activities

(b)	Purchased a machine for $30,000, giving a long-term note in exchange.	Investing ActivitiesFinancing ActivitiesOperating ActivitiesNoncash Investing and Financing Activities

(c)	Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.	Financing ActivitiesOperating ActivitiesInvesting ActivitiesNoncash Investing and Financing Activities

(d)	Declared and paid a cash dividend of $18,000.	Noncash Investing and Financing ActivitiesFinancing ActivitiesOperating ActivitiesInvesting Activities

(e)	Sold a long-term investment with a cost of $15,000 for $15,000 cash.	Operating ActivitiesNoncash Investing and Financing ActivitiesFinancing ActivitiesInvesting Activities

(f)	Collected $16,000 of accounts receivable.	Operating ActivitiesInvesting ActivitiesNoncash Investing and Financing ActivitiesFinancing Activities

(g)	Paid $18,000 on accounts payable.	Financing ActivitiesInvesting ActivitiesNoncash Investing and Financing ActivitiesOperating Activities

Reference no: EM131779967

Questions Cloud

Autoregulation and long term autoregulation : What is short term autoregulation and long term autoregulation when it comes to hypertension?

Compute cash balance or deficit for the end of the year : Compute his likely cash balance or deficit for the end of the year. Start with beginning cash and subtract the asset buildup.

Examining an electrophoretic gel of pcr products : What information can be determined from examining an electrophoretic gel of PCR products?

Calculate trh and t3 levels from t4 and tsh : Is there a way to calculate TRH and T3 levels from T4 and TSH? Or does one just simply comment whether they are low, normal or high?

Analyze transactions and indicate whether each transaction : Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities

Explain the pathological processes associated with the term : Explain the pathological processes associated with the term "heart muscle died."

What are the business implications of your observation : Does the production in any given month necessarily correspond to the cash flow for that same month? What are the business implications of your observation?

Calculate each projects payback period : Calculate each project's payback period, net present value (NPV), internal rate of return (IRR) and modified internal rate of return (MIRR)

Advantages and disadvantages of electronic health care : 1. List and illustrate the advantages and disadvantages of electronic health care records

User Account

All Pages

Analyze transactions and indicate whether each transaction

Reference no: EM131779967

Reference no: EM131779967

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT