Reference no: EM132992406
Question - What is Raven's net cash flow from financing activities? The company uses the direct method.
Cash paid for equipment 250,000
Cash paid for inventory 3,000
Cash paid for supplies 15,000
Cash received from stockholders 200,000
Cash received from sale of land 1,000,000
Cash paid on mortgage 50,000
Cash paid for dividends 20,000
Cash received form line of credit 100,000
Cash received from Customers 300,000
How much will Bernard have to report as net property income
: On December 31, 2020 Bernard repaid the $5,000 he borrowed plus $300 in interest. How much will Bernard have to report as his net property income on 2020
|
Which journals will be affected by the transactions
: Which journals will be affected by the transactions above? 31/10 Transferred R3 750 to the business account from A South's trust account.
|
How has your perception of accounting changed
: What you have learned from this course or how did you benefit from this course. How has your perception of accounting changed
|
What the entry on march 2020 in the book of first entry be
: What the entry on 25 March 2020 in the book of first entry will be? The practice is registered as a VAT vendor. VAT at 15% is included where applicable.
|
What is Raven net cash flow from financing activities
: What is Raven's net cash flow from financing activities? The company uses the direct method. Cash paid for equipment 250,000
|
What the correct entries in accounting records of sa traders
: What the correct entry/entries in the accounting records of SA Traders is? On comparing the cash journals of SA Traders for the month ending 30 April 2020
|
Determine the consolidated cost of goods sold
: On December 31, 2020, the cost of goods sold of Co. X and Co. Y were $120,000 and $80,000, respectively. Determine the consolidated cost of goods sold
|
Compute the additional annual net income or loss expected
: Compute the additional annual net income or loss expected under (a) Plan A and (b) Plan B. Check (1b) Additional net income, $74,000
|
Discuss sep contributions from employee and employer
: Discuss SEP contributions from both the employee and employer perspectives. Discuss advantages and disadvantages to using SIMPLE IRAs
|