
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339 تمرين 38
Computing the change in cash; identifying noncash transactions
Judy's Makeup Shops earned net income of $22,000, which included depreciation of $14,000. Judy's acquired a $119,000 building by borrowing $119,000 on a long-term note payable.
Requirements
1. How much did Judy's cash balance increase or decrease during the year
2. Were there any noncash transactions for the company If so, show how they would be reported in the statement of cash flows.
Judy's Makeup Shops earned net income of $22,000, which included depreciation of $14,000. Judy's acquired a $119,000 building by borrowing $119,000 on a long-term note payable.
Requirements
1. How much did Judy's cash balance increase or decrease during the year
2. Were there any noncash transactions for the company If so, show how they would be reported in the statement of cash flows.
التوضيح
2. Non-cash transactions refer to invest...
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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