User Account

All Pages

Find amount that should be reported in operating activities

Assignment Help Financial Accounting
Reference no: EM132793538

Question - A machine with a cost of $141,000 and accumulated depreciation of $90,500 is sold for $61,000 cash. Find the amount that should be reported in the operating activities section reported under the direct method?

-$61,000.

-$10,500.

-$50,500.

-$0.

-$29,500.

Reference no: EM132793538

Questions Cloud

How many years before you have enough money : Assume the type of house you want will cost about $300,000 and you can earn .75% per month, how many years before you have enough money
Aspects of four operations management : What are some common elements or aspects of the four Operations Management (OM) areas covered in this course: productivity, inventory, capacity, quality?
When must employers consult with their workers : 1. Identify and describe the main elements to consider when providing induction training to new workers in an organisation.
Capabilities to maximize on job performance : The primary goal of training programs is to ensure participants develop the required knowledge and capabilities to maximize on-the-job performance.
Find amount that should be reported in operating activities : A machine with cost of $141,000 and accumulated depreciation of $90,500 is sold for $61,000 cash. Find the amount that should reported in operating activities
Is the claim that people have souls any more plausible : Suppose someone claimed to have a device, How would you evaluate such a claim? Is the claim that people have souls any more plausible? Why or why not?
Identify the actors and transactions : Identify the Actors and Transactions described in the business scenario.
Assignment on thorough explanations : Although there are many reasons a new business could fail or succeed, a few are fairly common. Think about the common reasons for success and failure in startin
Explain to audience the queer theory : Explain to your audience the following three theories: Marxism, Postcolonialism, Queer Theory, and how they have shed light on issues of social justice.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd