Reporting stockholders' equity items on statement of cash flows on the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. there were no unpaid dividends at either the beginning or the end of the year. account common stock, $40 par account no. balance date item debit credit debit credit jan. 1 balance, 120,000 shares 4,800,000 apr. 2 30,000 shares issued for cash 1,200,000 6,000,000 june 30 4,400-share stock dividend 176,000 6,176,000 account paid-in capital in excess of par-common stock account no. balance date item debit credit debit credit jan. 1 balance 360,000 apr. 2 30,000 shares issued for cash 720,000 1,080,000 june 30 stock dividend 114,400 1,194,400 account retained earnings account no. balance date item debit credit debit credit jan. 1 balance 2,000,000 june 30 stock dividend 290,400 1,709,600 dec. 30 cash dividend 463,200 1,246,400 dec. 31 net income 1,440,000 2,686,400 if an amount is not reported on the statement of cash flows, enter in "0" in the amount column.
Answers: 3
Business, 22.06.2019 21:10
The following transactions and events that occurred in the village of kowitt gorge during the calendar year 2019: 1. the village commissioners adopted the following budget: estimated revenues: property taxes $1,850,000 all other revenues 300,000 total revenues $2,150,000 appropriations: all departments other than police $1,000,000 policeāsalaries 600,000 policeāfringe benefits 450,000 policeāsupplies 80,000 total appropriations $2,130,000 2. the village received, in cash, property taxes of $1,840,000 and all other revenues of $295,000. 3. the village made cash payments, charging the following appropriations: all departments other than police $1,000,000 policeāsalaries 595,000 policeāfringe benefits 390,000 4. the administrator of fringe benefits received an invoice for police employee health insurance in the amount of $95,000, together with a letter from the insurance provider, explaining that the large increase was caused by a change in federal laws. the invoice could not be paid because the policeāfringe benefits appropriation had a balance of only $60,000 (appropriation of $450,000 minus expenditures in item 3 of $390,000). as a result, the village commissioners amended the budget as follows: increase: appropriation for policeāfringe benefits $35,000 decrease: appropriation for policeāsalaries 5,000 decrease: appropriation for policeāsupplies 25,000 use of fund balance 5,000 5. the village paid the invoice for $95,000, referred to in item 4 above, charging the appropriation for policeāfringe benefits. 6. the police department placed po 2019a for firearms in the amount of $30,000 and po 2019b for uniforms in the amount of $20,000, all charged to the appropriation for policeāsupplies. (enter these pos as one transaction.) 7. after receiving po 2019a, the supplier notified the police department that a change in the design of the weapons would increase the cost to $32,000. the department sent the supplier an amended po, increasing it by $2,000. 8. the police department received the uniforms ordered on po 2019b, together with an invoice for $20,000. the department approved the invoice for payment. record the transactions and events applicable to the appropriations for policeāfringe benefits and policeāsupplies in the following appropriations ledger. notes: use a negative sign with your answers if: 1. the amount entered in the appropriation column is a debit (dr.) rather than a credit (cr.); or 2. the amount entered in the expenditures column is a credit (cr.) rather than a debit ( in the available appropriation column, enter the appropriate balance after every transaction/event, even if a transaction isn't recorded in a particular ledger for that transaction. for transaction 6, enter both purchase orders (pos) as one combined transaction. appropriations ledger appropriation: police - fringe benefits appropriation encumbrances expenditures available transaction cr. dr. cr. dr. appropriation 1 answer 0 answer 0 answer 0 answer 0 answer 0 2 answer 0 answer 0 answer 0 answer 0 answer 0 3 answer 0 answer 0 answer 0 answer 0 answer 0 4 answer 0 answer 0 answer 0 answer 0 answer 0 5 answer 0 answer 0 answer 0 answer 0 answer 0 6 answer 0 answer 0 answer 0 answer 0 answer 0 7 answer 0 answer 0 answer 0 answer 0 answer 0 8 answer 0 answer 0 answer 0 answer 0 answer 0 appropriations ledger appropriation: police - supplies appropriation encumbrances expenditures available transaction cr. dr. cr. dr. appropriation 1 answer 0 answer 0 answer 0 answer 0 answer 0 2 answer 0 answer 0 answer 0 answer 0 answer 0 3 answer 0 answer 0 answer 0 answer 0 answer 0 4 answer 0 answer 0 answer 0 answer 0 answer 0 5 answer 0 answer 0 answer 0 answer 0 answer 0 6 answer 0 answer 0 answer 0 answer 0 answer 0 7 answer 0 answer 0 answer 0 answer 0 answer 0 8 answer 0 answer 0 answer 0 answer 0 answer 0 answer 0 answer 0 answer 0 answer 0 answer 0
Answers: 2
Business, 23.06.2019 11:10
If canada has a surplus of paper products produced but its consumers demand more cleaning solutions, and the us has an abundance of cleaning solutions but consumers are demanding more paper products, how would trade benefit both countries? trade would assist both countries by creating excess demand. trade would assist both countries by strengthening their natural resources. trade would assist both countries to both reduce excess supply and satisfy market demand.
Answers: 3
Business, 23.06.2019 14:20
Marc recently went to his bank's website to check the payment due date on his loan. this is considered to be what type of electronic banking service?
Answers: 2
Business, 23.06.2019 20:30
Three fundamental issues separate net income and cash flow. which of the answers below is not one of these three fundamental issues? interest expense noncash accounting noncash expense items accrual accounting
Answers: 3
Reporting stockholders' equity items on statement of cash flows on the basis of the following stockh...
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