Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 2 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 22 Jul 2017 My Price 7.00

excerpts of Shevlin and Liberty

Computing cash provided by operations from accrual information

Income statement and balance sheet excerpts of Shevlin and Liberty for the period ending December 31, 2012, follow. Compute cash provided (used) by operating activities for the period ending December 31, 2012. Use both the direct and indirect forms of presentation.

Sales

$48,000

Cost of goods sold

30,000

Cross profit

$18,000

Wage expense

$4,000

Advertising expense

1,000

Depreciation expense

2,000

7,000

Nel income

  

$11,000

 

BALANCE SHEET EXCERPTS

2012

2011

Accounts receivable

$4,000

$5,000

Deferred revenues

0

3,000

Inventory

9,000

11,000

Accounts payable

3,000

4,000

Wages payable

1,800

900

Prepaid advertising

3,000

1,200

Accumulated depreciation

5,000

3,000

Answers

Maurice Tutor
(5)
Status NEW Posted 22 Jul 2017 12:07 PM My Price 7.00

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