PLEASE ANSWER THEM ALL AND SHOW YOUR DETAILED WORK! THANKS! Evan Company sells services for...
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Accounting
PLEASE ANSWER THEM ALL AND SHOW YOUR DETAILED WORK! THANKS!
Evan Company sells services for $777 cash and $935 on account this month. Evan Company also pays $543 in salaries and wages, which includes $188 that was payable at the end of the previous month the rest was for salaries and wages of this month.
In preparing the summary entry for cash flows, Salary expense would be debited for $_____
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Rudy Company reported net income of $11,539 for the current year. During the year, Inventory increased by $1,211, Accounts Payable increased by $2,700, Accounts Receivable decreased by $4,408, and Depreciation Expense was $2,419.
If the indirect method is used, what is the net cash provided by operating activities?
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Based on the following information,
Cash collections from customers $1,655
Purchase of used equipment 221
Depreciation expense 97
Sale of investments 555
Dividends received 57
Common stock issued 437
The cash flows from investing activities under GAAP are $_____________
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Bodie Corporation reported the following amounts in its financial statements:
Retained earnings, Jan. 1, 2018 $72,248
Retained earnings, Dec. 31, 2018 $65,365
Net income, 2018 $53,264
What were the dividends declared and paid in 2018? $___________
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Emma Company sells services for $563 cash and $1,270 on account this month. Emma Company also pays $763 in salaries and wages, which includes $118 that was payable at the end of the previous month the rest was for salaries and wages of this month.
What is the amount that would be included in net income?
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