EXERCISE 13 2 - Name: Tran Thi Nhu Thuy Tran Thuy My Anh...

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Unformatted text preview: Name: Tran Thi Nhu Thuy Tran Thuy My Anh Pham Minh Tan Accounting 1 Chapter 13 E 1319 Classification of Cash Flows Not Reported in Statement Reported in Statement of Cash Flows of Cash Transaction Operating Investing Financing Flows a. Collections from customers......... X b. Depreciation expense................... X c. Wages and salaries paid............... X d. Cash dividends paid..................... X e. Taxes paid.................................... X f. Utilities paid................................. X g. Building purchased in ex- change for stock........................ X h. Stock of Western Co. purchased.................................. X i. Inventory purchased for cash........................................... X j. Interest on Altas note to local bank paid.......................... X k. Interest received from a note with a customer................. X l. Delivery truck sold at no gain or loss................................ X E 1321 Transaction Analysis 1. a. Cash.............................................................................................. 25,000 Common Stock (1,000 shares $10 par).............................. 10,000 Paid-in Capital in Excess of Par............................................. 15,000 b. Cash.............................................................................................. 100,000 Accounts Receivable.............................................................. 100,000 c. Dividends Payable....................................................................... 50,000 Cash........................................................................................ 50,000 d. Cash.............................................................................................. 1,500 Interest Revenue..................................................................... 1,500 e. Insurance Expense....................................................................... 1,200 Cash........................................................................................ 1,200 f. Depreciation Expense.................................................................. 5,000 Accumulated Depreciation..................................................... 5,000 2. a.a....
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EXERCISE 13 2 - Name: Tran Thi Nhu Thuy Tran Thuy My Anh...

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