Calculate resulting cash flow and state nature of cash flow

Assignment Help Accounting Basics
Reference no: EM13851831

1) For each of the following transactions, calculate the resulting cash flow and state the nature of cash flow namely, operating, investing and financing.

a) Acquired machinery for ?2,50,000 paying 20% down and executing a bond for the balance amount.

b) Paid ?2,50,000 to acquire shares in Infosys Ltd. And received a dividend of ?50,000 after acquisition.

c) Sold machinery of original cost ?2,00,000 with an accumulated depreciation of ?1,60,000 for ?60,000 only.

2) Classify the following transactions according to ‘operating', ‘investing' and ‘financing' activities:

a) 500, 12% Debentures of ?100 each converted into equity shares of equal amount.

b) 10,000 equity shares of ?10 each issued to supplier of machinery.

c) Profit on sale of fixed assets ?15,000

d) Dividend received on shares ?8,000.

Reference no: EM13851831

Questions Cloud

State and explain the central limit theorem : State and explain the Central Limit Theorem
Draw and find the area under the standard normal curve : Draw and find the area under the standard normal curve - Find the indicated z-score and Which normal curve has the greatest mean and standard deviation? And which normal curve has the smallest mean and standard deviation?
Examiner office for a major metropolitan : Imagine that you work at the medical examiner's office for a major metropolitan city. As Chief Medical Offi cer, you investigate suspicious deaths and provide toxicology services for the county. Unfortunately, it's been a busy week. In the past fi..
Relative prices Use exchange rate to make the conversion : How large is the economy of Japan? Japanese GDP in 2010 was 480 trillion yen (U.S. GDP, again was $14.5 trillion). The exchange rate in 2010 was 87.8 yen per dollar. What is the ratio of Japanese GDP to U.S. GDP if we don't take into account the diff..
Calculate resulting cash flow and state nature of cash flow : Calculate the resulting cash flow and state the nature of cash flow namely, operating, investing and financing. Acquired machinery for ?2,50,000 paying 20% down and executing a bond for the balance amount.
Trying to sell your audio system : You are trying to sell your audio system (an amplifier and speakers) to raise money for an upcoming trip to overseas. The system works great, and audiophile friend tell you that if he were in the market for this kind of equipment (which he isn’t), he..
Examine the risk factors and the various protective factors : As part of your training for the interns, you will create a scripted Microsoft PowerPoint presentation that covers the following: Examine the risk factors and the various protective factors that may mitigate the level of risk
Summarize the facts of the case - roper v simmons : Read the Roper V Simmons 543 U.S. 551. Summarize the facts of the case in a 200-word summary of the case that includes the issue the Supreme Court was asked to decide on. After summarizing the case, provide a 200-word analysis of the decision and in..
Question regarding the lab report assistant : This document is not meant to be a substitute for a formal laboratory report. The Lab Report Assistant is simply a summary of the experiment's questions, diagrams if needed, and data tables that should be addressed in a formal lab report. The inte..

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the minimum acceptable price

Jeremy's Desks is approached by Mr. Harry Hood, a new customer, to fulfill a large one-time-only special order for a product similar to one offered to regular customers. The following per unit data apply for sales to regular customers.

  Denny corporation is considering replacing a

denny corporation is considering replacing a technologically osdolete machine with a new state of the aret numerically

  Lee and stills are partners who share income ratio of 21

lee and stills are partners who share income ratio of 21 and who have capital balances of 65000 and 35000 respectively.

  Interest income on the sale of bond

Daniel purchased a bond on July 1, 2010, at par of $10,000 plus accrued interest of $400. On December 31, 2010, Daniel collected the $800 interest for the year. On January 1, 2011, Daniel sold the bond for $10,200.

  Different classifications of accounts

Accounts. What does the term account mean? What are the different classifications of accounts? How do the rules for debits and credits impact accounts? Please provide an example of how debits and credits impact accounts.

  Determining the amount of the adjustment

The balance in the prepaid insurance account, before adjustment at the end of the year, is $11,500. Journalize the adjusting entry required under each of the following alternatives for determining the amount of the adjustment:

  Amount at which the ovens should be recorded

Determine the amount at which the ovens should be recorded in Great Harvest's equipment account.

  Columbia bank and trust is considering giving gallup

columbia bank and trust is considering giving gallup company a loan. before doing so it decides that further

  Total costs were 76900 when 26000 units were produced and

total costs were 76900 when 26000 units were produced and 97500 when 39000 units were produced. use the high-low method

  Compute basic and diluted earnings per share

Compute basic and diluted earnings per share for 2011 What is meant by dilution of earnings per share?

  Compute bill and alice taxable income

Compute Bill and Alice's taxable income and tax owed or refund for 2014.

  Assume that in month 6 the move time process time and so

inverness corporation has recently begun a continuous improvement campaign. as a consequence there have been many

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd