Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 439 Weeks Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 19 May 2017 My Price 5.00

Assuming that a direct method is used in the Operating Activities section

 

Assuming that a direct method is used in the Operating Activities section, fill in the blank for each of the following situations. Show inflows as a positive number and outflows as a negative number.

Balance Sheet Beginning Ending Income Statement Cash Inflow (Outflow)
1. Accounts receivable $1,962 $5,170 Sales on account, $15,230 $
2. Prepaid insurance $3,950 $2,903 Insurance expense, $7,200 $
3. Income taxes payable $5,971 $8,845     Income tax expense, $19,758 $
4. Wages payable $5,082 $2,954 Wages expense, $23,639 $
 
 

Answers

Alpha Geek
(8)
Status NEW Posted 19 May 2017 04:05 PM My Price 5.00

-----------

Attachments

file 1495211546-Answer.docx preview (107 words )
A-----------ssu-----------min-----------g t-----------hat----------- a -----------dir-----------ect----------- me-----------tho-----------d i-----------s u-----------sed----------- in----------- th-----------e O-----------per-----------ati-----------ng -----------Act-----------ivi-----------tie-----------s s-----------ect-----------ion-----------, f-----------ill----------- in----------- th-----------e b-----------lan-----------k f-----------or -----------eac-----------h o-----------f t-----------he -----------fol-----------low-----------ing----------- si-----------tua-----------tio-----------ns.----------- Sh-----------ow -----------inf-----------low-----------s a-----------s a----------- po-----------sit-----------ive----------- nu-----------mbe-----------r a-----------nd -----------out-----------flo-----------ws -----------as -----------a n-----------ega-----------tiv-----------e n-----------umb-----------er.----------- B-----------ala-----------nce----------- Sh-----------eet----------- Be-----------gin-----------nin-----------g E-----------ndi-----------ng -----------Inc-----------ome----------- St-----------ate-----------men-----------t C-----------ash----------- In-----------flo-----------w (-----------Out-----------flo-----------w) ----------- 1.----------- A-----------cco-----------unt-----------s r-----------ece-----------iva-----------ble----------- $1-----------,96-----------2 $-----------5,1-----------70 -----------Sal-----------es -----------on -----------acc-----------oun-----------t, -----------$15-----------,23-----------0 $----------- 2-----------. -----------Pre-----------pai-----------d i-----------nsu-----------ran-----------ce -----------$3,-----------950----------- $2-----------,90-----------3 I-----------nsu-----------ran-----------ce -----------exp-----------ens-----------e, -----------$7,-----------200----------- $ ----------- 3.----------- I-----------nco-----------me -----------tax-----------es -----------pay-----------abl-----------e
Not Rated(0)