Provide journal entries to record each of the following transactions. For each, also identify: *the appropriate section of the statement of cash flows, and **whether the transaction represents a source of cash (S), a use of cash (U), or neither (N). A. reacquired $30,000 treasury stock B. purchased inventory for $20,000 C. issued common stock of $40,000 at par D. purchased land for $25,000 E. collected $22,000 from customers for accounts receivable F. paid $33,000 principal payment toward note payable to bank

Provide journal entries to record each of the following transactions. For each, identify whether the transaction represents a source of cash (S), a use of cash (U), or neither (N). A. Paid $22,000 cash on bonds payable. B. Collected $12,600 cash for a note receivable. C. Declared a dividend to shareholders for $16,000, to be paid in the future. D. Paid $26,500 to suppliers for purchases on account. E. Purchased treasury stock for $18,000 cash.

Ratio of Cash to Monthly Cash Expenses Financial data for Abrams Company follow:   For Year EndingDecember 31 Cash on December 31 $63,360 Cash flow from operations  (79,200) a.  Compute the ratio of cash to monthly cash expenses. Round your answer to one decimal place.

Classify each cash transaction between Operating (O), Investing (I), or Financing (F) activities  using the following data: __Cash at the beginning of the year: $650,000     Cash Receipts from:     __Bank (Interest on CD) $6,000     __Customers Sales $872,000     __Interest $33,000     __Dividends $3,600   Cash payments for:     __Dividends $2,500     __Raw Materials $ 3,800     __Wages Expense $4,000     __Land $10,000     __Interest $4,000

Ratio of Cash to Monthly Cash Expenses Financial data for Bonita Company follows:   For Year EndedDecember 31 Cash on December 31 $187,180       Cash flow from operations (458,400)       a.  Compute the ratio of cash to monthly cash expenses. Round your answer to one decimal place.fill in the blank 1 months b.  Interpret the results computed in (a).

Classify each cash transaction between Operating (O), Investing (I), or Financing (F) activities; and prepare the Statement of Cash Flow for Cougar Corp. using the following data: Cash at the beginning of the year: $650,000     Cash Receipts from:     Bank (Interest on CD) $6,000     Customers Sales $872,000     Interest $33,000     Dividends $3,600   Cash payments for:     Dividends $2,500     Raw Materials $ 3,800     Wages Expense $4,000     Land $10,000     Interest $4,000

Accounting  ABC Corporation had the following cash transactions during the year: Cash collections from customers $200,000, Cash paid to suppliers $120,000, Cash paid for operating expenses $40,000, Cash paid for interest expense $5,000, and Cash paid for income taxes $10,000. Calculate the company's net cash flow from operating activities.

The accounting staff of Wyoming Outfitters, Inc., has assembled the following information for the year ended December 31, 2011: Cash and cash equivalents, Jan. 1. $ 35,800 Cash and cash equivalents, Dec. 31 74,800 Cash paid to acquire plant assets 21,000 Proceeds from short-term borrowing 10,000 Loans made to borrowers 5,000 Collections on loans (excluding interest) 4,000 Interest and dividends received . 27,000 Cash received from customers 795,000 Proceeds from sales of plant assets 9,000 Dividends paid ...... 55,000 Cash paid to suppliers and employees Interest paid ..... Income taxes paid 635,000 19,000 71,000 Using this information, prepare a statement of cash flows. Include a proper heading for the financial statement, and classify the given information into the categories of operating activities, investing activities, and financing activities. Determine net cash flows from operating activities by the direct method. Place brackets around the dollar amounts of all cash…

The following summary transactions occurred during the year for a company. Cash received from: Collections from customers $396,000 Interest on notes receivable 14,000 Collection of notes receivable 62,500 Sale of investments 35,900 Issuance of notes payable 116,000 Cash paid for: Purchase of inventory 176,000 Interest on notes payable 13,000 Purchase of equipment 101,000 Salaries to employees 106,000 Payment of notes payable 33,000 Dividends to shareholders 1,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)