Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
On the basis of the following data for Teller Co. for 2006 and the preceding year ended December 31, 2005, prepare a statement of cash flows in excel. Use the indirect method of reporting cash flows from operating activities.
Additional Information
1) Assume that equipment costing $125,000 was purchased for cash and equipment costing $85,000 with accumulated depreciation of $65,000 was sold for $15,000;
2) The stock was issued for cash;
3) The only entries in the retained earnings account were net income of $51,000 and cash dividends declared of $13,000.
Balance Sheet:
Year
2006
2005
Cash
$100,000
$ 78,000
Accounts receivable (net)
78,000
85,000
Inventories
101,500
90,000
Equipment
410,000
370,000
Accumulated depreciation
(150,000)
(158,000)
$539,500
$465,000
========
Accounts payable (merchandise creditors)
$ 58,500
$ 55,000
Cash dividends payable
5,000
4,000
Common stock, $10 par
200,000
170,000
Paid-in capital in excess of par--common stock
62,000
60,000
Retained earnings
214,000
176,000
a company charges the following amounts of overhead to jobs during the current year 12000 to jobs still in process
In 200 - 250 words, what is Human Resources planning? How does the HR planning process facilitate the achievement of an organization's strategic objectives? Use examples pulled from an organization with which you are familiar.
the inventive co. is considering a new project. this project requires an initial cash investment of 70000. the project
using high-low to calculate fixed cost calculate the variable rate and construct a cost function pizza vesuvio makes
marsden manufactures a cat food product called special export. marsden currently has 10000 bags of special export on
Process costing would be most applicable
Save the Squirrels, Inc., a 501(c) (3) organization that feeds the squirrels in municipal parks, receives a $250000 contribution from Animal Feed, Inc., a corporation that sells animal feed.
Assume that an entity treated sales tax, shipping charges, and installation costs on acquired equipment as an expense rather than as part of the cost of the asset. Would the firm overstate or understate its income statement and balance sheet by ac..
when service departments fixed costs are allocated using actual costs and actual usage the charge one production
ott purchased 11 shares of happy new year amp co. stock on january 3 20x1 at 20 a share to celebrate the new year and
newbirth coatings company purchased waterproffing equipment on jan 2 2009 for 380000 the equipment was expected to have
discuss with your team dq 4 in your lt forum and submit the final lt response by saturday under this thread. responses
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd