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?
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
Problem 1OYO
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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
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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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