Use the following to answer questions 16 – 20 Following are the transaction of TR Inc., which provides consulting services related to mining of precious metals. Amount of Transaction Transaction Cash provided from long term bormowing Cash provided from consulting customers Cash used for payment of office rent Cash used for purchase of office oquipment $250,000 125,000 5,000 30.000 Cash used to pay office utilities Cash used for payment of employee salaries Cash provided from sale of equipment that had been used in operations Cash used to pay the bank for a loan due this month Cash used for purchase of office supplies |rarchase of company vehiele paying 30% cash and bornowing the rest 1200 24.300 20.000 175,000 100 30,000 16. S be included in cash used from investing activities? _Refer to transaction J, how much shoule 17. S operating activities (include “-“ if needed) _Determine the cash flows from 18. S investing activities (include “-" if needed) Determine the cash flows from 19. $ financing activities (include “-" if needed) _Determine the cash flows from How much did cash change over the 20. S уear?

Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets
Section19.6: Buying Intangible Assets And Calculating Amortization Expense
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What the answer for 19 and 20 because for 19 the answers not 54000 and for 20 the answers not 129400
1:24 1
令D
Use the following to answer questions 16 – 20
Following are the transaction of TR Inc., which provides
consulting services related to mining of precious metals.
JAmount of
Transaction
Transaction
ACash provided from long-term borrowing
$250,000
Cash provided from consulting customers
125.000
Cash used for payment of office rent
DCash used for purchase of office cquipment
5,000
30,000
ECash used to pay office utilities
1,200
FCash used for payment of employee salaries
GCash provided from sale of equipment that had been used in operations
Cash used to pay the bank for a loan due this month
Cash used for purchase of office supplies
Purchase of company vehicle paying 30% cash and borrowing the rest.
24,300
20,000
175,000
100
30,000
16. $
Refer to transaction J, how much should
be included in cash used from investing activities?
17. $
Determine the cash flows from
operating activities (include “_“ if needed)
18. $
investing activities (include “–“ if needed)
Determine the cash flows from
19. $
Determine the cash flows from
financing activities (include “-“ if needed)
How much did cash change over the
20. $
year?
Transcribed Image Text:1:24 1 令D Use the following to answer questions 16 – 20 Following are the transaction of TR Inc., which provides consulting services related to mining of precious metals. JAmount of Transaction Transaction ACash provided from long-term borrowing $250,000 Cash provided from consulting customers 125.000 Cash used for payment of office rent DCash used for purchase of office cquipment 5,000 30,000 ECash used to pay office utilities 1,200 FCash used for payment of employee salaries GCash provided from sale of equipment that had been used in operations Cash used to pay the bank for a loan due this month Cash used for purchase of office supplies Purchase of company vehicle paying 30% cash and borrowing the rest. 24,300 20,000 175,000 100 30,000 16. $ Refer to transaction J, how much should be included in cash used from investing activities? 17. $ Determine the cash flows from operating activities (include “_“ if needed) 18. $ investing activities (include “–“ if needed) Determine the cash flows from 19. $ Determine the cash flows from financing activities (include “-“ if needed) How much did cash change over the 20. $ year?
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A cash flow statement (CFS), also known as a statement of cash flows, is a financial statement that summarizes the amount of cash and cash equivalents that enter and leave a business. It measures a company's performance over time in the same way that the income statement does. It differs, however, in that it cannot be manipulated as easily by non-cash transaction scheduling.

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