Professional Writers
We assemble our team by selectively choosing highly skilled writers, each boasting specialized knowledge in specific subject areas and a robust background in academic writing
Order For Similar Custom Papers & Assignment Help Services
Fill the order form details - writing instructions guides, and get your paper done.
Posted:
Accounting 100% correct | Business & Finance Assignment: I need help writing a research paper.
Instructions
Prepare a balance sheet at December 31, 2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay, for Scott Butler Corporation. (Ignore incometaxes.)
|
Debit |
Credit |
|||
|
Cash |
$ 197,000 |
|||
|
Sales |
$ 8,100,000 |
|||
|
Debt Investments (trading) (cost, $145,000) |
153,000 |
|||
|
Cost of Goods Sold |
4,800,000 |
|||
|
Debt Investments (long-term) |
299,000 |
|||
|
Equity Investments (long-term) |
277,000 |
|||
|
Notes Payable (short-term) |
90,000 |
|||
|
Accounts Payable |
455,000 |
|||
|
Selling Expenses |
2,000,000 |
|||
|
Investment Revenue |
63,000 |
|||
|
Land |
260,000 |
|||
|
Buildings |
1,040,000 |
|||
|
Dividends Payable |
136,000 |
|||
|
Accrued Liabilities |
96,000 |
|||
|
Accounts Receivable |
435,000 |
|||
|
Accumulated Depreciation-Buildings |
152,000 |
|||
|
Allowance for Doubtful Accounts |
25,000 |
|||
|
Administrative Expenses |
900,000 |
|||
|
Interest Expense |
211,000 |
|||
|
Inventory |
597,000 |
|||
|
Gain (extraordinary) |
80,000 |
|||
|
Notes Payable (long-term) |
900,000 |
|||
|
Equipment |
600,000 |
|||
|
Bonds Payable |
1,000,000 |
|||
|
Accumulated Depreciation-Equipment |
60,000 |
|||
|
Franchises |
160,000 |
|||
|
Common Stock ($5 par) |
1,000,000 |
|||
|
Treasury Stock |
191,000 |
|||
|
Patents |
195,000 |
|||
|
Retained Earnings |
78,000 |
|||
|
Paid-in Capital in Excess of Par |
80,000 |
|||
| Totals |
$12,315,000 |
$12,315,000 |
Prepare a balance sheet at December 31, 2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay, for Scott Butler Corporation. (Ignore income taxes). (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)
(Multiple Step and single-step) Webster Company ($000omited)
Administrate expense
Officers’ salaries 4900
Depreciated of office furniture and equipment 3960
Cost of sales good 60570
Rental revenue 17230
Selling expense
Transportation-out 2690
Sales Commissions 7980
Depreciation of sales equipment 6480
Sales 96500
Income Tax 9070
Interest Expense 1860
(Instructions)
a. Prepare an income statement for the year 2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay using the multiple-step form. Common shares out-standing for 2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay total 40,550($000 omitted).
b. Prepare an income statement for the year 2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay using the single step form
c. Which one do you prefer? Disuses.
(Preparation of a Statement of Cash Flows) Presented below is a condensed version of the comparative balance sheets for Zubin Mehta Corporation for the last two years at December 31.
2007 2006 – Write a paper; Professional research paper writing service – Best essay writers
Cash $177,000 $ 78,000
Accounts receivable 180,000 185,000
Investments 52,000 74,000
Equipment 298,000 240,000
Less: Accumulated depreciation (106,000) (89,000)
Current liabilities 134,000 151,000
Capital stock 160,000 160,000
Retained earnings 307,000 177,000
Additional information:
Investments were sold at a loss (not extraordinary) of $10,000; no equipment was sold; cash dividends paid were $30,000; and net income was $160,000.
Instructions
1. Prepare a statement of cash flows for 2007 for Zubin Mehta Corporation.
2. Determine Zubin Mehta Corporation’s free cash flow.
2007 2006 – Write a paper; Professional research paper writing service – Best essay writers
Cash $177,000 $ 78,000
Accounts receivable 180,000 185,000
Investments 52,000 74,000
Equipment 298,000 240,000
Less: Accumulated depreciation (106,000) (89,000)
Current liabilities 134,000 151,000
Capital stock 160,000 160,000
Retained earnings 307,000 177,000
Additional information:
Investments were sold at a loss (not extraordinary) of $10,000; no equipment was sold; cash dividends paid were $30,000; and net income was $160,000.
Instructions
1. Prepare a statement of cash flows for 2007 for Zubin Mehta Corporation.
2. Determine Zubin Mehta Corporation’s free cash flow.
Why choose us
You Want Quality and That’s What We Deliver
Discounted Prices
Our service is committed to delivering the finest writers at the most competitive rates, ensuring that affordability is balanced with uncompromising quality. Our pricing strategy is designed to be both fair and reasonable, standing out favorably against other writing services in the market.
AI & Plagiarism-Free
Rest assured, you'll never receive a product tainted by plagiarism or AI-generated content. Each paper is research-written by human writers, followed by a rigorous scanning process of the final draft before it's delivered to you, ensuring the content is entirely original and maintaining our unwavering commitment to providing plagiarism-free work.
How it works
When you decide to place an order with Nurscola, here is what happens: