Indicate the items to be reported on the statement of cash

Assignment Help Accounting Basics
Reference no: EM13966105

Reporting changes in Equipment on Statement of Cash Flows.

An analysis of the general ledger accounts indicates that office equipment, which cost $144,000 and on which accumulated depreciation totaled $60,000 on the date of sale, was sold for $72,000 during the year. 

Using this information, indicate the items to be reported on the statement of cash flows. 

Reference no: EM13966105

Questions Cloud

Is it ever permissible to torture a person : Is it ever permissible to torture a person? Should athletes be allowed to use performance-enhancing drugs (such as steroids or EPO) or techniques (such as blood doping or oxygen tanks)
Which of the three private equity value propositions : Which of the three private equity value propositions for corporations has become most problematic in recent years?
Birdie co. makes three products : Birdie Co. makes three products, A, B and C. They have a constrained resource - machine hours. There are only 17446 machine hours available a month.
Basics for successful web communications, including issues : Please remember to refer to the Module One Short Paper Rubric document for company background.
Indicate the items to be reported on the statement of cash : Reporting changes in Equipment on Statement of Cash Flows. An analysis of the general ledger accounts indicates that office equipment, which cost $144,000 and on which accumulated depreciation totaled $60,000 on the date of sale, was sold for $72,000..
Construct an analysis-of-variance table : Construct an analysis-of-variance table and interpret your results. Test at the 0.05 level whether there is a difference between the mean scores for the three persons teaching. Assume that the conditions of completely randomized design are met.
What is a benefit of having a financial buyer versus : What is a benefit of having a financial buyer versus a strategic buyer in an M&A transaction??
Prepare an outline about the kingom of saudi arabia : Prepare an outline about the kingom of saudi arabia. Prepare a 6-7 minute informative speech on a subject you know well.
What is the portfolio approach : What is the portfolio approach? How would multi-business companies find it useful? What are the limitations and weakness of this approach?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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