Following are the transaction of TR Inc., which provides consulting services related to mining of precious metals. Amount of Transaction Transaction ACash provided from long-term borrowing $250,000 B Cash provided from consulting customers 125,000 |CCash used for payment of office rent 5,000 DCash used for purchase of office equipment 30,000 E Cash used to pay office utilities F Cash used for payment of employee salaries 1,200 24,300 GCash provided from sale of equipment that had been used in operations 20,000 HCash used to pay the bank for a loan due this month 175,000 I Cash used for purchase of office supplies 100 Purchase of company vehicle paying 30% cash and borrowing the rest. 30,000 Refer to transaction J, how much shou be included in cash used from investing activities? 16. $ 17. $ Determine the cash flows from operating activities (include “_“ if needed) 18. $ Determine the cash flows from investing activities (include “_“ if needed) 19. $ Determine the cash flows from financing activities (include “_“ if needed) 20. $ How much did cash change over the vear?
Following are the transaction of TR Inc., which provides consulting services related to mining of precious metals. Amount of Transaction Transaction ACash provided from long-term borrowing $250,000 B Cash provided from consulting customers 125,000 |CCash used for payment of office rent 5,000 DCash used for purchase of office equipment 30,000 E Cash used to pay office utilities F Cash used for payment of employee salaries 1,200 24,300 GCash provided from sale of equipment that had been used in operations 20,000 HCash used to pay the bank for a loan due this month 175,000 I Cash used for purchase of office supplies 100 Purchase of company vehicle paying 30% cash and borrowing the rest. 30,000 Refer to transaction J, how much shou be included in cash used from investing activities? 16. $ 17. $ Determine the cash flows from operating activities (include “_“ if needed) 18. $ Determine the cash flows from investing activities (include “_“ if needed) 19. $ Determine the cash flows from financing activities (include “_“ if needed) 20. $ How much did cash change over the vear?
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets
Section19.6: Buying Intangible Assets And Calculating Amortization Expense
Problem 1OYO
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