Entries by Hannah Wangui

1. Which of these transactions would produce $10,000 of revenue in December (check all that apply)

1. Which of these transactions would produce $10,000 of revenue in December (check all that apply)     Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Which of the following are temporary accounts? (check all that apply)- Cost of Goods Sold- Dividends Payable – Income Tax Expense – Retained Earnings – Sales Revenue

Which of the following are temporary accounts? (check all that apply)- Cost of Goods Sold- Dividends Payable – Income Tax Expense – Retained Earnings – Sales Revenue   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Which of the following would be a cash flow from operating activities?

Which of the following would be a cash flow from operating activities? (check all that apply) – Gain on sale of equipment – Depreciation on a building – Payments for advertising – Collections from customers – Payments to supliers   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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A company sold PP& amp; E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $240

A company sold PP& amp; E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $240. Thus, the company recorded a Loss on Sale of Equipment of $40 in Net Income. What is the operating cash flow in this transaction?   Looking for a Similar […]

 

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