Attachment # 00000717 - 4_part4_0.xlsx
4_part4_0.xlsx (19.42 KB)
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(refer to the detailed question and attachment below)
Using the Indirect Method produce a Cash Flow from Operating Activities.Cash Flows from Operating Activities (Indirect Method)Net IncomeNet Cash Flow from Operating ActivitiesIncome Statement Month Ending January 31, 2012Month Ending February 29, 2012RevenueCost of Good SoldGross MarginExpensesSalary ExpenseSupplies ExpenseOffice Equipment ExpenseRent ExpenseInsurance ExpenseInterest Expense-NoteInterest Expense-MortgageDepreciation Expense-BuildingDepreciation Expense-EquipmentTotal ExpensesBalance SheetAssetsLiabilitiesCurrent AssetsCurrent LiabilitiesCashAccounts PayableAccounts receivableSalary PayableInventoryTotal Current LiabSuppliesPrepaid Office EquipmentPrepaid RentNotes PayableSecurity DepositInt Pay-NotePrepaid InsuranceMortgage PayableTotal Current AssetsInt Pay-MortTotal LT LiabilitiesProperty, Plant & EquipmentTotal LiabilitiesBuildingAcc Dep-BuildingShareholder's EquityEquipmentCommon StockAcc Dep-EquipmentAPIC-CommonTotal PP & ERetained EarningsTotal EquityTotal AssetsTotal Liab & EquityLong-Term LiabilitiesBailey's ChocolatesLess WithdrawalsStatement of Retained EarningsRetained earnings, January 31, 2012Retained earnings, February 29, 2012Net Gain, January 31, 2012Retained earnings, January 1, 2012Retained earnings, February 1, 2012Increase in Retained EarningsNet Gain, February 1, 2012Less Withdrawals (Dividends)Bailey's Chocolates has provided statements of retained earnings, income statements, and balance sheets for the months of January and February 2012. The company wants you to calculate the cashflow from operating activities for the period ending February 2012 using the indirect method.Comprehensive Problem 4: Part 4
Accounting - Corporations

Accounting - Corporations

Question # 00004685 Posted By: paul911 Updated on: 12/05/2013 12:44 PM Due on: 12/06/2013
Subject Accounting Topic Accounting Tutorials:
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A set of scenarios where you will perform various funtions regarding incorporation and statement of cash flows. Use the attached files. (4th Part has 2 worksheets)
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4_part1directions_0.docx (25 KB)
4_part2_0.docx (26.22 KB)
4_part3_0.docx (27.88 KB)
4_part4_0.xlsx (19.42 KB)
Tutorials for this Question
  1. mac123
    Tutorial # 00004484 Posted By: mac123 Posted on: 12/05/2013 12:45 PM
    Puchased By: 7
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    The solution of Accounting - Corporations...
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    Attachments
    4_part2_0_1_sol_0.docx (26.74 KB)
    4_part3_0_2_sol.docx (28.58 KB)
    4_part4_0_1_sol_0.xlsx (18.82 KB)
    part_1.doc (28.5 KB)
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