Land costing 46000 was sold for 79000 cash the gain on the

Assignment Help Accounting Basics

Reference no: EM13596627

Land costing $46,000 was sold for $79,000 cash. The gain on the sale was reported on the income statement as other income. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land?

Reference no: EM13596627

Questions Cloud

The johnsons have accumulated a nest egg of 15000 that they : the johnsons have accumulated a nest egg of 15000 that they intend to use as a down payment toward the purchase of a

Lauren plans to deposit 6000 into a bank account at the : lauren plans to deposit 6000 into a bank account at the beginning of next month and 225month into the same account at

Zetor incs june bank statement shows a june 30 balance of : 1.state bank collected a note for meadow company. this collection not yet recorded in meadows books appears on the bank

What is the proper adjusting entry at december 31 the end : what is the proper adjusting entry at december 31 the end of the fiscal year based on supplies account balance before

Land costing 46000 was sold for 79000 cash the gain on the : land costing 46000 was sold for 79000 cash. the gain on the sale was reported on the income statement as other income.

At what amount will accounts receivable be reported on the : at what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is 23500 and

Jasper company has 30000 shares of 80 par value 5 : jasper company has 30000 shares of 80 par value 5 cumulative preferred stock and 140000 shares of 20 par value common

On september 1 2011 core companys balance sheet indicates : on september 1 2011 core companys balance sheet indicates there are 600000 shares of 30 par value common shares in the

Michaels company segments its income statement into its : michaels company segments its income statement into its east and west divisions. the companys overall sales

Reviews

Write a Review

Required(*) Message

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.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

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

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

User Account

All Pages