Answer: $259000
Explanation:
Based on the information provided in the question, the amount of cash provided by operating activities that should appear on a statement of cash flows would be:
Net income = $230,000
Add: Depreciation expense = $22,000
Add: Rent = $7000
Total = $259,000
I think it’s b it is the most right played out
Answer:
Call in Arrear
The company calls for money from shareholders when needed within a certain period. If the shareholder is not able to pay the call amount due on an allotment or on any calls according to the terms before or on the specific date fixed for payment, such amount is taken as 'call in arrears'.
Explanation:
have a fabulous day
Answer:
An attempt to collect and analyze information about an incident
Answer:
Dr. Cash $2,500
Cr. Treasury Shares $2,300
Cr. Paid-In-Capital Treasury Stock $200
Explanation:
Treasury stock is the share of the company issued earlier and bought-back. It can be reissued and cancelled by the company.
At the time of repurchase
Treasury Shares = 100 x $23 = $2,300
Dr. Treasury Stock $2,300
Cr. Cash $2,300
At the time of Resale
All the difference in the issuance of treasury stock will be transferred to Paid-In-Capital Treasury Stock account.
Proceeds = 100 x $25 = $93,600
Paid-In-Capital Treasury Stock = $2,500 - $2,300 = $200
