How transaction be reported on a statement of cash flows

Assignment Help Accounting Basics
Reference no: EM132143768

Question - If a company purchases land for $1,000,000, paying $400,000 cash and borrowing the remainder with a long term note payable. Please give explanation for understanding on how this transaction be reported on a statement of cash flows?

Reference no: EM132143768

Questions Cloud

What is the best way to evaluate process technologies : There are some big differences between page tagging and web server log analysis. What are some of the advantages and disadvantages of both?
Identify a brand in your cabinet or pantry : Identify a brand in your cabinet or pantry. Do you believe this brand will have a finite lifespan or one that lasts forever? Support your reasoning.
What are the key principles and tenets : What are the key principles and tenets that any educated person should know regarding the science of economics and their applicability in the world today?
Ho do we allocated the physicians : Ho do we allocated the physicians among the three cities if physician's earnings are to be equalized among the cities?
How transaction be reported on a statement of cash flows : If a company purchases land for $1,000,000, Please give explanation for understanding on how this transaction be reported on a statement of cash flows
What are the major obstacles in terms of buy-in : Where do you see the strengths and weaknesses now in terms of data and information management? Do you see information as our most important asset?
The most critical touch points in the customer path : In what ways can your brand identify and leverage the most critical touch points in the customer path?
Sales representatives for other types of organizations : Should the sales representatives of AEM be held to a higher standard of personal conduct than sales representatives for other types of organizations? explain.
Describe tracking metrics to determine strategies : Describe tracking metrics to determine whether your recommended strategies and programs are effective.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Lisa is driving down i-95 at a constant speed of 60 miles

lisa is driving down i-95 at a constant speed of 60 miles per hour lisa passes the route 3 sign at noon. doug is also

  Prepare journal entries to record each year-end fair value

Ticker Services began operations in 2009 and maintains long-term investments in available- for-sale securities. The year-end cost and fair values.

  On august 1 2013 250000 of bonds were turned in for

volker inc. issued 2500000 of convertible 10-year bonds on july 1 2012. the bonds provide for 12 interest payable

  A company has 2000 shares of 1 par value common stock and

a company has 2000 shares of 1 par value common stock and 200 shares of 5 110 par noncumulative preferred stock

  Pros and cons of separating and integrating

Discuss pros and cons of "separating" and "integrating" the sourcing and logistics functions. Examine whether this BPM project of Gap led to the right decision to split them.

  Discuss what is the total cost of this agency problem

monitoring or bonding costs, what is the total cost of this agency problem after monitoring and bonding

  Proposed format of the statement of comprehensive income

The FASB and IASB are working on a proposed format of the statement of comprehensive income. Do you prefer this format to the current formats? Why or why not

  Land is purchased for 60000 bck taxes paid by the

land is purchased for 60000. bck taxes paid by the purchaser were 2400cleaning and grading costs were 3000fencing costs

  Discuss customers as payment not expected in future

Wrote off the individual account receivables for the following customers as payment not expected in future

  Determine the amount of net income or loss

Determine the amount of net income or loss Thomas reported on its 2013 income statement.

  Net assets balance at the beginning of the year

Net Assets Balance at the beginning of the year.

  Throttling valve in the refrigerator of the previous problem

Suppose that the throttling valve in the refrigerator of the previous problem is replaced with a small turbine-generator in which the fluid expands adiabatically, doing work that contributes to powering the compressor.

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!

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