CALCRATOR ASSIGNMENT RESOURCES ACC-370 TOPIC 03 ASSIGNMENT Exercise 4-13 Cash Flows from Investing Activities Sale of Land DExercise 4-16 Problem 4-04 (Part Level Submission) Problem 4-07 Exercise 5-12 2Exercise 5-16 (Part Level Submisssion) Problem 5-3 39120.00 Purchase of Equipment ($59880.00) Net Cash Used by Investing Activities ($20760.00) Cash Flows from Financing Activities Review Score Review Results by Study Objective Payment of Cash Dividends ($65,540.00) Net Cash Used by Financing Activities ($65540.00) 50880 Net Increase in Cash .... Cash at Beginning of Year 22000 .... Cash at End of Year 72880.00 of bonds outstanding Issued common stock to retire $ LINK TO TEXT 9/2020 Type here to search SySteni cements CALCULATOR PRIATER VER T RESOURCES OPIC 03 NT Exercise 5-16 (Part Level Submission) A comparative balance sheet for Vaughn Corporation is presented as follows. 4-13 December 31 2020 $72,880 84,590 182,590 73,590 262,590 (71,590) $604,650 4-16 Assets Cash Accounts receivable Inventory Land Equipment Accumulated Depreciation-Equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total 2019 4-04 (Part omission) $ 22,000 68,710 191,710 112,710 202,710 (44,710) 4-07 5-12 5-16 (Part emission) 5-3 $553,130 $ 36,590 150,000 214,000 204,060 $604,650 $ 49,710 200,000 164,000 139,420 $553,130 re sults by Study Additional information: 1. Net income for 2020 was $130,180. No gains or losses werer in 2020. 2. Cash dividends of $65,540 were declared and paid. 3. Bonds payable amounting to $50,000 were retired through isuance of common stock. (a) Your answer is partially correct. Try again. Cornoration. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or pare
CALCRATOR ASSIGNMENT RESOURCES ACC-370 TOPIC 03 ASSIGNMENT Exercise 4-13 Cash Flows from Investing Activities Sale of Land DExercise 4-16 Problem 4-04 (Part Level Submission) Problem 4-07 Exercise 5-12 2Exercise 5-16 (Part Level Submisssion) Problem 5-3 39120.00 Purchase of Equipment ($59880.00) Net Cash Used by Investing Activities ($20760.00) Cash Flows from Financing Activities Review Score Review Results by Study Objective Payment of Cash Dividends ($65,540.00) Net Cash Used by Financing Activities ($65540.00) 50880 Net Increase in Cash .... Cash at Beginning of Year 22000 .... Cash at End of Year 72880.00 of bonds outstanding Issued common stock to retire $ LINK TO TEXT 9/2020 Type here to search SySteni cements CALCULATOR PRIATER VER T RESOURCES OPIC 03 NT Exercise 5-16 (Part Level Submission) A comparative balance sheet for Vaughn Corporation is presented as follows. 4-13 December 31 2020 $72,880 84,590 182,590 73,590 262,590 (71,590) $604,650 4-16 Assets Cash Accounts receivable Inventory Land Equipment Accumulated Depreciation-Equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total 2019 4-04 (Part omission) $ 22,000 68,710 191,710 112,710 202,710 (44,710) 4-07 5-12 5-16 (Part emission) 5-3 $553,130 $ 36,590 150,000 214,000 204,060 $604,650 $ 49,710 200,000 164,000 139,420 $553,130 re sults by Study Additional information: 1. Net income for 2020 was $130,180. No gains or losses werer in 2020. 2. Cash dividends of $65,540 were declared and paid. 3. Bonds payable amounting to $50,000 were retired through isuance of common stock. (a) Your answer is partially correct. Try again. Cornoration. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or pare
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:CALCRATOR
ASSIGNMENT RESOURCES
ACC-370 TOPIC 03
ASSIGNMENT
Exercise 4-13
Cash Flows from Investing Activities
Sale of Land
DExercise 4-16
Problem 4-04 (Part
Level Submission)
Problem 4-07
Exercise 5-12
2Exercise 5-16 (Part
Level Submisssion)
Problem 5-3
39120.00
Purchase of Equipment
($59880.00)
Net Cash Used by Investing Activities
($20760.00)
Cash Flows from Financing Activities
Review Score
Review Results by Study
Objective
Payment of Cash Dividends
($65,540.00)
Net Cash Used by Financing Activities
($65540.00)
50880
Net Increase in Cash
....
Cash at Beginning of Year
22000
....
Cash at End of Year
72880.00
of bonds outstanding
Issued common stock to retire $
LINK TO TEXT
9/2020
Type here to search
Transcribed Image Text:SySteni
cements
CALCULATOR
PRIATER VER
T RESOURCES
OPIC 03
NT
Exercise 5-16 (Part Level Submission)
A comparative balance sheet for Vaughn Corporation is presented as follows.
4-13
December 31
2020
$72,880
84,590
182,590
73,590
262,590
(71,590)
$604,650
4-16
Assets
Cash
Accounts receivable
Inventory
Land
Equipment
Accumulated Depreciation-Equipment
Total
Liabilities and Stockholders' Equity
Accounts payable
Bonds payable
Common stock ($1 par)
Retained earnings
Total
2019
4-04 (Part
omission)
$ 22,000
68,710
191,710
112,710
202,710
(44,710)
4-07
5-12
5-16 (Part
emission)
5-3
$553,130
$ 36,590
150,000
214,000
204,060
$604,650
$ 49,710
200,000
164,000
139,420
$553,130
re
sults by Study
Additional information:
1. Net income for 2020 was $130,180. No gains or losses werer in 2020.
2. Cash dividends of $65,540 were declared and paid.
3. Bonds payable amounting to $50,000 were retired through isuance of common stock.
(a)
Your answer is partially correct. Try again.
Cornoration. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or pare
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