No. 2 3 4 5 6 7 8 9 10 Particulars Increase in accounts payable Decrease in prepaid expenses Sale of Equipment Cash receipts from sales of equity or debt instruments of other entities Loss on sale of equipment Decrease in unearned revenue Cash payment to acquire treasury shares Increase in sales revenue Increase in Inventory Decrease receivable 111 accounts classification of the each transaction a. Operating Activities b. Investing Activities c. Financing Activities d. not applicable Statement of Cash Flow a increase b. decrease c. not applicable H

Q: Describe the three-step process for estimating WACC.

A:

Q: Define Raw materials.

A: Cost: The amount paid to purchase the asset, install it, and put it into operations, is referred to…

Q: Distinguish between costs included in inventories and costs recognized as expenses in theperiod in…

A: Product cost is the cost incurred for manufacturing a product i.e.; it is the total amount of direct…

Q: Define inventory costing system.

A: Inventory cost flow assumptions: These are the methods used by the companies to compute the cost…

Q: What does the concept of cost of equipment includes? Describe in detail.

A: Property, plant, and equipment: These assets are long-lived economic resources which are owned by…

Q: What does the Work-in-process inventory consist of?

A: Work-in-process inventory consist of materials which are partially completed in the production…

Q: What are the valuing inventories?

A: Cost:   It is the economic value incurred by an organization to manufacture a product or to render a…

Q: What approaches might be used to decide the sequence in which to allocate support departments when…

A: Different approaches can be used to decide the sequence to allocate support department while using…

Q: What is the beginning inventory of direct materials

A: Direct material is the cost of materials incurred on the making of the goods. It is part of prime…

Q: Differentiate between physical units and equivalent units

A:

Q: In accordance with IAS 2 Inventories define the terms "inventories" and "net realisable value”.…

A: Inventories as the name states is one the asset to the company or any business which comes under the…

Q: Define Work-in-process inventory.

A: Definition:   Inventory refers to the raw materials, work-in-process, and the finished goods…

Q: Describe the decisions about expenditure?

A: Expenditure:   It is the money spent by the organization to purchase or increase the value of their…

Q: how to do a cost of prodution report

A: The cost of production report is prepared by the following four steps

Q: Define the term Raw-materials- inventory?

A: Inventory is the materials such as raw materials, finished products, in-process goods that are…

Q: Describe the purpose of raw material subsidiary ledger.

A: Raw material subsidiary ledger: This ledger refers to the individual account, which records the all…

Q: Describe the concept of an equivalent unit and how to compute equivalent units

A:

Q: Define time period concept.

A: Accounting principle: These are the guidelines which are to be applied while preparing the…

Q: Identify and describe the various asset classifications.

A: Assets: These are the resources owned and controlled by business and used to produce benefits for…

Q: Use the graph in order to answer the following question Name three data sources that would need to…

A: Following are the three data sources that would need to access the product and inventory

Q: When is it necessary to estimate inventories?

A: Inventories are resources which are held to be sold in the market. Inventories can be in the form of…