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Can anyone PLEASE help me with these questions? |
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04-22-2009, 09:33 AM
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#1
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Speechless
Join Date: Apr 2009
Posts: 8
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Can anyone PLEASE help me with these questions?
I would be really thamkul! if not all, then at least one. It is for my accounting class
1. Cell-Borne Corporation had a net loss of $12,000 in 20x1 but had positive cash flows from operations of $9,000. What conditions may have caused this situation?
2. What is the proper treatment on the statement of cash flows of a transaction in which a building that cost $50,000 with accumulated depreciation of $32,000 is sold at a loss of $5,000?
3. What is the proper treatment on the statement of cash flows of (a) a transaction in which buildings and land are purchased by the issuance of a mortgage for $234,000 and (b) a conversion of $50,000 in bonds payable into 2,500 shares of $6 par value common stock?
4. Why is the work sheet approach considered to be more compatible with the indirect method than with the direct method of determining cash flows from operations?
5. Assuming in each of the following independent cases that only one transaction occurred, what transactions would be likely to cause (a) a decrease in investments and (b) an increase in common stock? How would each case be treated on the work sheet for the statement of cash flows?
6. Glen Corporation has the following other income and expense items: interest expense, $12,000; interest income, $3,000; dividend income, $5,000; and loss on the retirement of bonds, $6,000. How does each of these items appear on or affect the statement of cash flows, assuming the direct method is used?
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04-22-2009, 04:40 PM
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#2
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ргιηcєѕѕ-נιηx xoxo
Join Date: Mar 2007
Location: La la land.
Posts: 3,914
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Quote:
Originally Posted by iluvpink
I would be really thamkul! if not all, then at least one. It is for my accounting class
1. Cell-Borne Corporation had a net loss of $12,000 in 20x1 but had positive cash flows from operations of $9,000. What conditions may have caused this situation?
2. What is the proper treatment on the statement of cash flows of a transaction in which a building that cost $50,000 with accumulated depreciation of $32,000 is sold at a loss of $5,000?
3. What is the proper treatment on the statement of cash flows of (a) a transaction in which buildings and land are purchased by the issuance of a mortgage for $234,000 and (b) a conversion of $50,000 in bonds payable into 2,500 shares of $6 par value common stock?
4. Why is the work sheet approach considered to be more compatible with the indirect method than with the direct method of determining cash flows from operations?
5. Assuming in each of the following independent cases that only one transaction occurred, what transactions would be likely to cause (a) a decrease in investments and (b) an increase in common stock? How would each case be treated on the work sheet for the statement of cash flows?
6. Glen Corporation has the following other income and expense items: interest expense, $12,000; interest income, $3,000; dividend income, $5,000; and loss on the retirement of bonds, $6,000. How does each of these items appear on or affect the statement of cash flows, assuming the direct method is used?
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English first.
Done.
And i don't know WTF is all that so sorry ;]
Sucks to be you.
__________________

✿❥
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sorry |
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04-28-2009, 08:40 PM
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#3
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Speechless
Join Date: Apr 2009
Posts: 11
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sorry
Sory dude looks like your on your own with this one.
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04-29-2009, 02:38 AM
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#4
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Junior Chatterbox
Join Date: Sep 2008
Posts: 931
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dont u have a teacher for this reason? or a tutor of some sort?
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10-19-2009, 05:10 PM
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#5
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Intermediate Chatterbox
Join Date: Sep 2009
Location: Death Row.
Posts: 1,391
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Sorrrrrry !
Can't help 
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10-26-2009, 01:50 AM
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#6
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Video Games Chat Mod
Join Date: Nov 2007
Location: Puberty
Posts: 1,130
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Quote:
Originally Posted by iluvpink
I would be really thamkul! if not all, then at least one. It is for my accounting class
1. Cell-Borne Corporation had a net loss of $12,000 in 20x1 but had positive cash flows from operations of $9,000. What conditions may have caused this situation?
2. What is the proper treatment on the statement of cash flows of a transaction in which a building that cost $50,000 with accumulated depreciation of $32,000 is sold at a loss of $5,000?
3. What is the proper treatment on the statement of cash flows of (a) a transaction in which buildings and land are purchased by the issuance of a mortgage for $234,000 and (b) a conversion of $50,000 in bonds payable into 2,500 shares of $6 par value common stock?
4. Why is the work sheet approach considered to be more compatible with the indirect method than with the direct method of determining cash flows from operations?
5. Assuming in each of the following independent cases that only one transaction occurred, what transactions would be likely to cause (a) a decrease in investments and (b) an increase in common stock? How would each case be treated on the work sheet for the statement of cash flows?
6. Glen Corporation has the following other income and expense items: interest expense, $12,000; interest income, $3,000; dividend income, $5,000; and loss on the retirement of bonds, $6,000. How does each of these items appear on or affect the statement of cash flows, assuming the direct method is used?
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1. I stole the money.
2. You treat it by using it as toilet paper.
3. Same as above.
4. Trick question, you cannot get the cake.
5. Obama
6. It doesn't matter, because you're going to use it to wipe your ass.
There you go Elizabeth.
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11-03-2009, 05:40 PM
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#7
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Junior Chatterbox
Join Date: Sep 2006
Location: Missouri
Posts: 1,019
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just google it you will get the answers there
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i the first on could .. |
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11-03-2009, 06:27 PM
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#8
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Intermediate Newbie
Join Date: Nov 2009
Posts: 101
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i the first on could ..
the dirst might be something to do with depositing in a band...but it looks hard
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help |
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11-03-2009, 09:51 PM
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#9
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Intermediate Chatterbox
Join Date: May 2008
Location: Whiskey bent and Hellbound !
Posts: 1,493
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help
Funny thing is .. ive been doing accounting and bookeeping for 10 years.. and i didnt understand a word of any of those questions.... but then i didnt take accounting in school... good luck !!! !
__________________
Warning .. the Surgeon General has determined that messing with Bikers could be hazardous to your health !!!!

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11-04-2009, 06:17 PM
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#10
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Junior Chatterbox
Join Date: Apr 2009
Location: Eng-uh-land.
Posts: 818
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__________________
Adam ♥
EmmahBby iLoveyouWifey
Sara ilysfm <3
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