An analysis of the general ledger accounts indicates that office equipment, which cost $245,000 and on which accumulated depreciation totaled $112,500 on the date of sale, was sold for $105,900 during the year. Using this information, indicate the items to be reported on the statement of cash flows.
Transactions Section of Statement of Cash Flows Added or Deducted
$245,000 cost of office equipment
$112,500 accumulated depreciation
$105,900 sales price
$26,600 loss on sale of equipment
(assume the indirect method is used)
Answers: 3
Business, 22.06.2019 12:30, samreitz1147
howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?
Answers: 1
Business, 22.06.2019 12:30, bella51032
True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product
Answers: 1
Business, 22.06.2019 19:40, apodoltsev2021
Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.
Answers: 1
An analysis of the general ledger accounts indicates that office equipment, which cost $245,000 and...
Business, 04.03.2021 01:50
Chemistry, 04.03.2021 01:50
History, 04.03.2021 01:50
Mathematics, 04.03.2021 01:50
Mathematics, 04.03.2021 01:50
Physics, 04.03.2021 01:50
Mathematics, 04.03.2021 01:50
Mathematics, 04.03.2021 01:50