WebBonds payable 150,000 200,000 Share capital—ordinary (€1 par) 216,000 174,000 Retained earnings 194,000 136,000 Total €595,000 €557,000 Additional information: 1. Net income for 2024 was €103,000. 2. Depreciation expense was €32,000. 3. Cash dividends of €45,000 were declared and paid. 4. WebOn any given financial statement date, Bonds Payable is reported on the balance sheet as a liability, along with the unamortized Discount that is subtracted (known as a “contra” account). The illustration below shows the balance sheet disclosure as of June 30, 20X3.
Basics of Cash Flow Reporting (LO1) A Purpose of the Statement …
WebThere are four parts to the Statement of Cash Flows (or Cash Flow Statement): 1. Operating Activities 2. Investing Activities 3. Financing Activities 4. Supplemental Disclosures For each of the following items, indicate which part will be affected. 1. Depreciation Expense. Operating Investing Financing Supplemental 2. WebPrepare the statement of cash flow for Snerial Rakenc Ltd, using the indirect method. Assume current liabilities include only items from operations (e.g, accounts payable, tax payable). Long-term liabilities include items from financing (e.g. bonds and other longterm liabilities). Assume no equipment was sold during the year. huhdanpaju 12
Accounting 202 CONNECT HW Ch. 12 Flashcards Quizlet
WebStatement of Cash Flows The following are Mueller Companys cash flow activities: a. Net income, 68,000 b. Increase in accounts receivable, 4,400 c. Receipt from sale of common stock, 12,300 d. Depreciation expense, 11,300 e. Dividends paid, 24,500 f. Payment for purchase of building, 65,000 g. Bond discount amortization, 2,700 h. WebOct 25, 2024 · Classifying Cash Flows Obj. 1 EE 16-1 Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: Retirement of bonds payable Purchase of inventory for cash Cash sales Repurchase of common stock Payment of accounts payable Disposal of equipment PE 16-1B http://panonclearance.com/increase-in-bonds-payable-cash-flow-statement huhate maluku