Business, 20.02.2020 03:38 corrineikerd
Effect of Transactions on Cash Flows
State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows:
Retired $400,000 of bonds, on which there was $3,000 of unamortized discount, for $411,000.
Sold 20,000 shares of $5 par common stock for $22 per share.
Sold equipment with a book value of $55,800 for $60,000.
Purchased land for $650,000 cash.
Purchased a building by paying $50,000 cash and issuing a $450,000 mortgage note payable.
Sold a new issue of $500,000 of bonds at 98.
Purchased 10,000 shares of $10 par common stock as treasury stock at $33.25 per share.
Paid dividends of $1.50 per share. There were 1,000,000 shares issued and 120,000 shares of treasury stock.
Amount
a. $
b. $
c. $
d. $
e. $
f. $
g. $
h. $
Answers: 2
Business, 22.06.2019 11:20
Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?
Answers: 2
Business, 22.06.2019 11:30
Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above
Answers: 1
Business, 22.06.2019 20:40
Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance
Answers: 1
Business, 23.06.2019 12:20
Gross output (go) reflects the overall status of the productive side of the economy better than gdp does. a. true b. false
Answers: 2
Effect of Transactions on Cash Flows
State the effect (cash receipt or cash payment and...
State the effect (cash receipt or cash payment and...
History, 29.06.2019 08:00
Mathematics, 29.06.2019 08:00
Mathematics, 29.06.2019 08:00
Mathematics, 29.06.2019 08:00
Computers and Technology, 29.06.2019 08:00
Biology, 29.06.2019 08:00
Social Studies, 29.06.2019 08:00
Geography, 29.06.2019 08:00
Mathematics, 29.06.2019 08:00