HW_Prompts_8 - P8-1Cash Flow - Operating19,000 Cash Flow -

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Unformatted text preview: P8-1Cash Flow - Operating19,000 Cash Flow - Investing(1,000)Cash Flow - Financing396,000 P8-2Cash Flow - Operating77,600 Cash Flow - Investing(15,000)Cash Flow - Financing(40,000)P8-3Cash Flow - Operating(237,180)Cash Flow - Investing0 Cash Flow - Financing(20,000)P8-5Cash Flow - Operating(5,600)Cash Flow - Investing(2,000)Cash Flow - Financing30,000 P8-6Cash Flow - Operating(700)Cash Flow - Investing0 Cash Flow - Financing11,000 P8-7Cash Flow - Operating13,800 Cash Flow - Investing(2,000)Cash Flow - Financing(2,000)Problem 8-1CBB IncCBB IncStatement of Cash FlowsFor the Period Ending December 31, 20x1Operating ActivitiesNet Income68600Add: Deprecation ExpenseAdd: Amortization ExpenseAdd: Loss on Sale of Fixed AssetAdd: Gain on Sale of Fixed AssetIncrease in Inventory-80000Increase in Taxes Payable29400Increase in Wages Payable1000Cash Provided By Operating Activities19000Investing ActivitiesPurchase of Fixed AssetPurchase of Fixed AssetSales of Fixed AssetPayment of Security Deposit-1000Refund of Security DepositCash Provided by Investing Activities-1000Financing ActivitiesNew Borrowings100000Payments on DebtIssuances on Common Stock300000Purchases of Treasury StockPayment of Dividends-4000Issuances of BondsRedemptions of BondsCash Provided by Financing Activities396000Increase in Cash414000Beginning Cash, January 1, 20x1Ending Cash, December 31, 20x1414000Supplemental Cash Flow Information Cash Payments for income taxesCash Payments for interest8000Non cash investing and financing activitiesIssued 500 Shares of Stock for Land$50,000Problem 8-2CBB IncCBB IncStatement of Cash FlowsFor the Period Ending December 31, 20x2Operating ActivitiesNet Income85820Add: Deprecation Expense8000Add: Amortization ExpenseAdd: Loss on Sale of Fixed AssetAdd: Gain on Sale of Fixed AssetIncrease in Accounts Receivable-211200Increase in Inventory-52000Increase in Prepaid Insurance-3000Increase in Accounts Payable237600Increase in Taxes Payable7380Increase in Wages Payable1000Increase in Rent Payable4000Cash Provided By Operating Activities77600Investing ActivitiesPurchase of Furniture and Fixtures-15000Purchase of Fixed AssetSales of Fixed AssetPayment of Security DepositRefund of Security DepositCash Provided by Investing Activities...
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This note was uploaded on 09/12/2010 for the course ACCT 101 taught by Professor Drkirch during the Spring '10 term at Ohio University- Athens.

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HW_Prompts_8 - P8-1Cash Flow - Operating19,000 Cash Flow -

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