CourseLover

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About CourseLover

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 286 Weeks Ago
Questions Answered: 27237
Tutorials Posted: 27372

Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 21 Dec 2017 My Price 10.00

What is the cash paid in inventory?

Balance Sheet

2002

2001

Accounts Payable

165

95

Accumulated Deprecation

520

339

Cash

200

100

Common Stock

1,000

700

Dividends Payable

40

25

Equipment

2,700

2,395

Income Tax Payable

100

135

Inventory

1120

890

Mortgage Payable

900

1265

Prepaid General Expense

300

350

Retained Earnings

1545

1098

Unearned Sales Revenue

50

78

Income Statement for 2002

                                                            Debit                                                   Credit

Sales

  

10,000

Loss on P.P.E.

100

  

COGS

6,000

  

General Expense

2,000

  

Depreciation Expense

330

  

Income Tax

700

  

Total Expense

  

9,130

Net Income

  

870

-What is the cash paid to repurchase shares of stock in 2002?

-What is the cash paid in inventory?

Answers

CourseLover
(12)
Status NEW Posted 21 Dec 2017 07:12 AM My Price 10.00

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