Preview

Chapter 5 Balance Sheet and Statement of Cash Flows

Good Essays
Open Document
Open Document
13107 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Chapter 5 Balance Sheet and Statement of Cash Flows
CHAPTER 5

Balance Sheet and Statement of Cash Flows

ASSIGNMENT CLASSIFICATION TABLE

| | |Brief Exercises | | | |
|Topics |Questions | |Exercises |Problems |Cases |
|1. |Disclosure principles, uses of the |1, 2, 3, 4, 5, 6, 7,|1 | | |4, 5 |
| |balance sheet, financial |10, 18, 22, 23, 25 | | | | |
| |flexibility. | | | | | |
|2. |Classification of items in the |11, 12, 13, 14, 15, |1, 2, 3, 4, 5, 6, 7,|1, 2, 3, 4, 6, 7, 8,| |1, 2, 3 |
| |balance sheet and other financial |16, 18, 19 |8, 9, 10, 11 |9, 10 | | |
| |statements. | | | | | |
|3. |Preparation of balance sheet; |4, 7, 8, 9, 16, 17, | |4, 5, 6, 7, 11, 12 |1, 2, 3, 4, 5 |3, 4, 5 |
| |issues of format, terminology, and |20, 21, 24 | | | | |
| |valuation. | | | | | |
|4. |Statement of cash flows. |25, 26, 27, 28, 29, |12, 13, 14, 15, 16 |13, 14, 15, 16, 17, |6, 7 |6 |
| | |30, 31, 32 |
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Bsa 500 Week 4 Balance Sheet and Income Statement Commentary
    • 1256 Words
    • 6 Pages

    Bsa 500 Week 4 Balance Sheet and Income Statement Commentary

    Balance Sheets and Income Statements is an approach to review the overall financial status of the company. We will be reviewing four companies in different industries’ balance sheet and income statements. With a technique to combine the statements we will be able to evaluate the companies’ income, expense and stockholder’s equity in the company. In reviewing Swift Transportation Company, Eastman Chemical Company, United Natural Foods, Inc. and Wells Fargo and Company over the course of the last few years we will be able to understand the value and growth potential of these companies.…

    • 1256 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Cango: Balance Sheet and Ratio
    • 572 Words
    • 3 Pages

    Cango: Balance Sheet and Ratio

    Use the financial statements from the most recent year to fill in the table below.…

    • 572 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Learning Team D Financial Reporting Pro
    • 616 Words
    • 9 Pages

    Learning Team D Financial Reporting Pro

    2. What are the total assets at the end of the previous annual reporting period?…

    • 616 Words
    • 9 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Home Depot Comprehensive Problem Essay Example
    • 677 Words
    • 3 Pages

    Home Depot Comprehensive Problem Essay Example

    Reference: Pg. A-12, 10-Year Summary of Financial and Operating Results, Statement of Cash Flows Data…

    • 677 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Acc/300 Week 3 Learning Team Assignment
    • 267 Words
    • 2 Pages

    Acc/300 Week 3 Learning Team Assignment

    WEEK THREE LEARNING TEAM B ASSIGNMENT PROBLEM 1-30A OSHEA ENTERPRISES INCOME STATEMENT AT DECEMBER 31, 2002 REVENUE $48,000.00 OPERATING EXPENSES 32,000.00 NET INCOME (change in Net Assets) $16,000.00 OSHEA ENTERPRISES STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY AT DECEMBER 31, 2002 BEGINNING COMMON STOCK 4,000.00 PLUS: COMMON STOCK ISSUED 10,000.00 ENDING COMMON STOCK $14,000.00 BEGINNING RETAINED EARNINGS 8,000.00 PLUS: NET INCOME 16,000.00 LESS: DIVIDENDS (2,000.00) ENDING RETAINED EARNINGS 22,000.00 TOTAL STOCKHOLDERS EQUITY $36,000.00 OSHEA ENTERPRISES BALANCE SHEET AT DECEMBER 31, 2002 ASSETS CASH $48,000.00 LAND TOTAL ASSETS $48,000.00 LIABILITIES NOTES PAYABLE $12,000.00 STOCKHOLDERS EQUITY COMMON STOCK $14,000.00 RETAINED EARNINGS 22,000.00 TOTAL STOCKHOLDERS EQUITY 36,000.00 TOTAL LIABILITY AND STOCKHOLDERS EQUITY $48,000.00 OSHEA ENTERPRISES STATEMENT OF CASH FLOWS AT DECEMBER 31, 2002 CASH FLOWS FROM OPERATING ACTIVITIES: CASH RECEIPTS FROM REVENUE $48,000.00 CASH PAYMENTS FOR EXPENSES (32,000.00) NET CASH FLOW FROM OPERATING EXPENSES $16,000.00 CASH FLOWS FOR INVESTING ACTIVITIES: CASH PAYMENTS TO PURCHASE LAND CASH FLOWS FROM FINANCING ACTIVITIES: CASH RECEIPTS FROM ISSUING COMMON STOCK 10,000.00 CASH PAYMENTS FOR DIVIDENDS (2,000.00) CASH PAYMENTS TO REDUCE LIABILITY (6,000.00) NET CASH…

    • 267 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Statement of Cash Flows
    • 725 Words
    • 3 Pages

    Statement of Cash Flows

    In financial accounting, a cash flow statement or statement of cash flows is a financial statement that shows a company's incoming and outgoing money (sources and uses of cash) during a time period (often monthly or quarterly and also yearly). The statement shows how changes in balance sheet and income accounts affected cash and cash equivalents, and breaks the analysis down according to operating, investing, and financing activities.…

    • 725 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Statement of Cash Flows
    • 726 Words
    • 3 Pages

    Statement of Cash Flows

    The statement of cash flows serves multiple purposes. One is providing information about a company’s cash payments and receipts during a given period. A second purpose is to provide cash-basis information about the company’s operating, financing, and investing activities. Its format reconciles the beginning and ending cash balances for the period (Kieso, Weygandt & Warfield, 2007). The operating activities involve the cash effects of transactions that enter into the determination of net income, such as cash payments to employers and suppliers for acquisitions of expenses and inventory and also, the cash receipts from sales of goods or services.…

    • 726 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Inventory and B
    • 1808 Words
    • 8 Pages

    Inventory and B

    Accounting 350, Fall 2009 Quiz, Chpts 7,8 & 9 – Night Class |1. |Kaniper Company has the following items at year-end: | | |Cash in bank | | |$20,000 | | | | | |Petty cash | | |300 | | | | | |Short-term paper with maturity of 2 months | | |5,500 | | | | | |Postdated checks | | |1,400 | | | | | |Kaniper should report cash and cash equivalents of…

    • 1808 Words
    • 8 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Blah
    • 65241 Words
    • 261 Pages

    Blah

    Standalone financial statements 92 Auditors’ report 93 Annexure to auditors’ report 96 Balance sheet 97 Statement of profit and loss 98 Cash flow statement 100 Notes forming part of the financial statements 127 Balance sheet abstract and Company’s general business profile 128 Statement of area, crop and yield Consolidated financial statements 129 Auditors’ report 130 Consolidated balance sheet 131 Consolidated statement of profit and loss 132 Consolidated cash flow statement 134 Notes forming part of the consolidated financial statements 166 Subsidiary companies’ financial highlights 167 Ten-year summary…

    • 65241 Words
    • 261 Pages
    Good Essays
    Read More
  • Powerful Essays

    A Study of Cash Flows Statement
    • 5136 Words
    • 21 Pages

    A Study of Cash Flows Statement

    The purpose of this paper is to present and explain the statement of cash flows by incorporating the statements No. 95, 102 and 104 that establish standards for cash flows reporting issued by FASB[i].…

    • 5136 Words
    • 21 Pages
    Powerful Essays
    Read More
  • Better Essays

    Balance Sheets and Income Statements
    • 1118 Words
    • 5 Pages

    Balance Sheets and Income Statements

    Federal Trade Commission. (2009, February). CVS Caremark Settles FTC Charges:Failed to Protect Medical and Financial Privacy of Customers and Employees. Retrieved from http://www.ftc.gov…

    • 1118 Words
    • 5 Pages
    Better Essays
    Read More
  • Powerful Essays

    Individual Learning Project
    • 1524 Words
    • 8 Pages

    Individual Learning Project

    16. List the amount of cash flows from each of the 3 activities: Operating, Investing, and Financing for the 2 most recent years. What was the increase or decrease in cash for each of these years? –…

    • 1524 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Managing Financial Resources
    • 4675 Words
    • 19 Pages

    Managing Financial Resources

    As every business needs to draw on sources of finance David too need to obtain adequate funds. These supply the business with the funds to carry out its actions. There are a variety of sources of finance. Some of the more important ones include:…

    • 4675 Words
    • 19 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Annual Report Fosters Beer
    • 64945 Words
    • 260 Pages

    Annual Report Fosters Beer

    96 Financial statements 97 60 CoNSolidAted iNCome StAtemeNt 61 CoNSolidAted StAtemeNt oF CompreheNSive iNCome 62 63 CoNSolidAted BAlANCe Sheet CoNSolidAted StAtemeNt oF ChANgeS iN equitY 63 CoNSolidAted StAtemeNt oF CASh FlowS notes to the Financial statements 65 1 SummArY oF SigNiFiCANt ACCouNtiNg poliCieS 72 2 reveNue, iNCome ANd expeNSeS 73 74 75 3 mAteriAl itemS 4 iNCome tAx 5 SegmeNt iNFormAtioN 6 eArNiNgS per ShAre 7 divideNdS 8 CASh ANd CASh equivAleNtS 9 reCeivABleS 10 iNveNtorieS 11 iNveStmeNtS ACCouNted For uSiNg the equitY method 81 12 NoN-CurreNt ASSetS ClASSiFied held For SAle 125 121 122 124 115 119 120 114 114 105 107 110 111 112 113 100 98 99…

    • 64945 Words
    • 260 Pages
    Powerful Essays
    Read More
  • Best Essays

    Shoprite Holdings
    • 30901 Words
    • 124 Pages

    Shoprite Holdings

    . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 Statement of Financial Position . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 Statement of Comprehensive Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 Statement of Changes in Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 Statement of Cash Flows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 Notes to the Annual Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Accounting Policies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Operating Segment Information . . . . . . . . . . . . . . . . .…

    • 30901 Words
    • 124 Pages
    Best Essays
    Read More

Related Topics