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!
Use the following information to prepare a statement of cash flows for Hanson Inc. for the year ended December 31, 2009 using the indirect method. Prepare a schedule for any non-cash items for disclosure, if appropriate. A. Net income $10,000 (depreciation expense, 5,000; inventory decrease, $1,000; no changes in accounts receivable or accounts payable) B. Issued capital stock for $4,000 of equipment. C. Sold equipment for $8,000, book value $8,000. D. Paid cash dividend, $3,000 (declared in prior year). E. Paid long-term debt principal, $8,000 and short-term debt principal, $2,000. F. Purchased equipment for $12,000 in exchange for a note payable due in two years. The cash balance on January 1, 2009 was $10,000.
During 2012 Gates reported net income of $200,000 and reported dividends of $75,000. Illustrate what is the income reported by Dodge for 2011 and 2012 with regard to the Gates investment?
A city constructs curbing in a new neighborhood and finances it as a special assessment. Under what condition should this activity be recorded in the Agency Fund?
Use the information in the following T-account for the investment in Demo to answer the following questions. How much was Gator Co.'s share of Demo Co.'s dividends for the year? What was Demo Co.'s total net income for the year?
What are the financial statements presented in the report and what was the net income of the company? Explain the revenues and the expenses components.
Cash flow analysis and total Present Value techniques
Prepare a schedule of cash receipts for the first quarter, prepare a schedule of inventory purchases for the first quarter and prepare a schedule of cash disbursements for the first quarter.
Prepare the journal entry to record the purchase of treasury stock by the cost method and 9000 shares of treasury stock are reissued at $33 per share
major changes have occurred for financial reporting for business combinations. these changes are documented in sfas no.
Revenues for the year totaled $88,500 and expenses totaled $40,500. Stockholders invested $15,000 in the company in exchange for stock during the year. What is the amount of net income or loss for the year?
Provide an overall assessment of the corporate financial reporting objectives, identify the ethical challenge for the accountant who must, as part of TP's management team, make recommendations with respect to accounting policy.
The expansion will cost two million dollars, and is expected to increase operating earnings to $2,100,000. What factors should Turner’s manager and her supervisor, the VP of operations, consider in deciding whether to go forward with the expansion..
Provide the entry for the issuance assuming the par value of the common was $5 and the market value $30, and the par value of the preferred was $40 and the market value $50. (Each valuation is on a per share basis and there are ready markets for ..
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