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: 438 Weeks Ago, 2 Days 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 06 Jun 2017 My Price 4.00

Erroneous Statement of Cash Flows

Erroneous Statement of Cash Flows The 2010 statement of cash flows for the Andell Company, as developed by its bookkeeper, is shown here:

You determine that the amounts of the items listed on the statement are correct, but in certain circumstances, incorrectly classified.

Required

Prepare a corrected 2010 statement of cash flows for the Andell Company

 

Q34;

Partially Completed Worksheet (Spreadsheet) The Hanks Company has prepared the following changes in account balances for the worksheet to support its 2010 statement of cash flows:

Additional information: The net income was $1,300. Depreciation expense was $350 and patent amortization expense was $100. At the end of 2010, long-term investments were purchased at a cost of $1,550. Land that cost $700 was sold for $900. On December 31, 2010, bonds payable with a face value of $2,000 were issued for equipment valued at $2,300. Two hundred shares of common stock were issued at $7 per share. Forty shares of common stock were issued as a “small” stock dividend, the relevant market price being $5 per share. Cash dividends declared and paid totaled $600.

Required

On the basis of the preceding information, complete the worksheet (spreadsheet).

 

 

 
 

 

Answers

Alpha Geek
(8)
Status NEW Posted 06 Jun 2017 05:06 PM My Price 4.00

-----------

Attachments

file 1496770579-Answer.docx preview (176 words )
A-----------nsw-----------er ----------- An-----------del-----------l C-----------omp-----------any----------- Ca-----------sh -----------Flo-----------w S-----------tat-----------eme-----------nt -----------Cas-----------h f-----------low----------- fr-----------om -----------Ope-----------rat-----------ing----------- Ac-----------tiv-----------iti-----------es -----------Net----------- In-----------com-----------e $----------- 10-----------,60-----------0 a-----------dd:----------- de-----------pre-----------cia-----------tio-----------n $----------- 4,-----------800----------- le-----------ss:----------- ga-----------in -----------on -----------sal-----------e o-----------f e-----------qui-----------pme-----------nt -----------$ 7-----------00 -----------add-----------: D-----------ecr-----------eas-----------e i-----------n A-----------cco-----------unt-----------s R-----------ece-----------iva-----------ble----------- $ -----------2,1-----------00 -----------les-----------s: -----------Dec-----------rea-----------se -----------in -----------Acc-----------oun-----------ts -----------Pay-----------abl-----------e $----------- 2,-----------800----------- $ -----------14,-----------000----------- Ca-----------sh -----------flo-----------w f-----------rom----------- In-----------ves-----------tin-----------g A-----------cti-----------vit-----------ies----------- Sa-----------le -----------of -----------Equ-----------ipm-----------ent----------- $ -----------4,4-----------00 -----------Inv-----------est-----------men-----------t i-----------n b-----------ond-----------s $----------- (6-----------,00-----------0) -----------Pay-----------men-----------t o-----------f l-----------ong----------- te-----------rm -----------not-----------e $----------- (5-----------,00-----------0) -----------Pur-----------cha-----------se -----------of -----------Lan-----------d $----------- (5-----------,20-----------0) -----------$ (-----------11,-----------800-----------) C-----------ash-----------
Not Rated(0)