Demonstration_Problem_for_Chapter_12_solution

Demonstration_Problem_for_Chapter_12_solution -...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Demonstration Problem 12-1 Solution, part a. T-Accounts T-Accounts Cash Accounts Payable Common Stock Bal. 2,000 (b3) 56,000 6,000 Bal. 18,000 Bal. Operating Activities 58,000 (b2) 7,000 (g1) (a2) 97,000 56,000 (b3) 8,000 Bal. 25,000 Bal. 19,000 (c2) Investing Activities Salaries Payable Retained Earnings (d2) 4,000 9,000 (d3) (c2) 19,000 9,000 Bal. (b1) 62,000 7,000 Bal. 14,000 (e1) 14,000 (c1) (c1) 14,000 98,000 (a1) 4,000 Bal. (d1) 10,000 3,000 (d2) Financing Activities (h1) 5,000 (g1) 7,000 6,000 (f1) Notes Payable 17,000 Bal. 5,000 (h1) (f1) 6,000 20,000 Bal. Bal. 1,000 14,000 Bal. Accounts Receivable Bal. 8,000 97,000 (a2) (a1) 98,000 Bal. 9,000 Merchandise Inventory Bal. 20,000 62,000 (b1) (b2) 58,000 Bal. 16,000 Equipment Bal. 27,000 6,000 (d2) (d3) 9,000 Bal. 30,000 Accumulated Dep. (d2) 5,000 12,000 Bal. 10,000 (d1)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
17,000 Bal. Land Bal. 15,000 (e1) 14,000 Bal. 29,000
Background image of page 2
Demonstration Problem 12-1 Solution, part a. Statement of Cash Flows, Direct Method
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 4

Demonstration_Problem_for_Chapter_12_solution -...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online