Use the following to answer questions 16 – 20Following are the transaction of TR Inc., which providesconsulting services related to mining of precious metals.Amount ofTransactionTransactionACash provided from long-term borrowing$250,000BCash provided from consulting customers125,000|CCash used for payment of office rent5,000PCash used for purchase of office equipment30,000E Cash used to pay office utilities1,200FCash used for payment of employee salaries24,300G|Cash provided from sale of equipment that had been used in operations20,000HCash used to pay the bank for a loan due this month175,000I Cash used for purchase of office supplies100Purchase of company vehicle paying 30% cash and borrowing the rest.30,00016. $be included in cash used from investing activities?Refer to transaction J, how much should17. $Determine the cash flows fromoperating activities (include “_“ if needed)18. $Determine the cash flows frominvesting activities (include "-“ if needed)19. $Determine the cash flows fromfinancing activities (include "-“ if needed)20. $How much did cash change over theyear?

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Description: Use the following to answer questions 16 – 20Following are the transaction of TR Inc., which providesconsulting services related to mining of precious metals.Amount ofTransactionTransactionACash provided from long-term borrowing$250,000BCash provide

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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 $250,000 125,000 5,000 Transaction ACash provided from long-term borrowing B Cash provided from consulting customers CCash used for payment of office rent PCash used for purchase of office equipment E Cash used to pay office utilities 30,000 1,200 FCash used for payment of employee salaries 24,300 GCash provided from sale of equipment that had been used in operations HCash 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. 20,000 175,000 100 30,000 16. $ Refer to transaction J, how much sho be included in cash used from investing activities? 17. $ operating activities (include Determine the cash flows from “_“ if needed) 18. $ Determine the cash flows from investing activities (include "“ if needed)

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 $250,000 125,000 5,000 Transaction ACash provided from long-term borrowing B Cash provided from consulting customers CCash used for payment of office rent PCash used for purchase of office equipment E Cash used to pay office utilities 30,000 1,200 FCash used for payment of employee salaries 24,300 GCash provided from sale of equipment that had been used in operations HCash 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. 20,000 175,000 100 30,000 16. $ Refer to transaction J, how much sho be included in cash used from investing activities? 17. $ operating activities (include Determine the cash flows from “_“ if needed) 18. $ Determine the cash flows from investing activities (include "“ if needed)

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets

Section: Chapter Questions

Problem 6AP

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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…
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