acc 291 Week 5 - Individual WileyPLUS Assignment Week Five - Exercise E13-1, E13-8 , E14-1 Problem P13-9A , P13-10A And P14-2

profileFin-Acc-Boss
 (Not rated)
 (Not rated)
Chat

acc 291 Week 5 - Individual WileyPLUS Assignment Week Five - Exercise E13-1, E13-8 , E14-1 Problem P13-9A , P13-10A And P14-2

acc 291 Week 5 - Individual WileyPLUS Assignment Week Five - Exercise E13-1, E13-8 , E14-1 Problem P13-9A , P13-10A And P14-2
Pioneer Corporation had the transactions below during 2011.
Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities.
Exercise E13-8

Here are comparative balance sheets for Taguchi Company.

TAGUCHI COMPANY
Comparative Balance Sheets
December 31
Assets     2011        2010
Cash    $73,000         $22,000
Accounts receivable    85,000         76,000
Inventories    170,000         189,000
Land    75,000         100,000
Equipment    260,000         200,000
Accumulated depreciation    (66,000)        (32,000)
Total    $597,000         $555,000
           
Liabilities and Stockholders' Equity       
Accounts payable    $39,000        $47,000
Bonds payable    150,000        200,000
Common stock ($1 par)    216,000        174,000
Retained earnings    192,000        134,000
Total    $597,000        $555,000
Additional information:
1.    Net income for 2011 was $103,000.
2.    Cash dividends of $45,000 were declared and paid.
3.    Bonds payable amounting to $50,000 were redeemed for cash $50,000.
4.    Common stock was issued for $42,000 cash.
5.    No equipment was sold during 2011, but land was sold at cost.
Complete the statement of cash flows for 2011 using the indirect method. (List amounts from largest positive to smallest positive followed by most negative to least negative, e.g. 15, 14, 10, -17, -5, -1. If amount decreases cash flow, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)..................................................................................

here are the all questions and answers in the document file.all answers are certified as correct

    • 10 years ago
    acc 291 Week 5 - Individual WileyPLUS Assignment Week Five - Exercise E13-1, E13-8 , E14-1 Problem P13-9A , P13-10A And P14-2
    NOT RATED

    Purchase the answer to view it

    blurred-text
    • attachment
      acc_291_week_5_-_individual_wileyplus_assignment_week_five_-_exercise_e13-1_e13-8__e14-1_problem_p13-9a__p13-10a_and_p14-2.doc