Q-1: a- Prepare a Balance Sheet and Cash Flow Statements for Adam's Pharmaceuticals.CashRs15,000InvestmentsRs30,00070,000Salary PayableBuildingsOffice FurnitureLand3,000Тools30,00051,00046,000MachineryNotes PayableCapitalCash Balance (previous month):80,00010,000Revenues70,01050,00015,000Cash increase due to Revenue:17000Collection forBuilding purchased:17,510Sale of Tools:75,000Purchase of Land:10500Cash increase due to Revenue:Adam's Investment:150017000Expenses paid in Cash:570b- What is articulation of the financial statement means? Elaborate.

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Q-1: a- Prepare a Balance Sheet and Cash Flow Statements for Adam's Pharmaceuticals. Cash Rs15,000 Investments Rs30,000 Land 70,000 Salary Payable Buildings 3,000 Тools 30,000 51,000 Machinery Notes Payable Capital Cash Balance (previous month): 80,000 Office Furniture 46,000 10,000 Revenues 70,010 50,000 Cash increase due to Revenue: 17000 15,000 Collection for Building purchased: 17,510 Sale of Tools: 75,000 Purchase of Land: 10500 Cash increase due to Revenue: Adam's Investment: 1500 17000 Expenses paid in Cash: 570 b- What is articulation of the financial statement means? Elaborate.

Q-1: a- Prepare a Balance Sheet and Cash Flow Statements for Adam's Pharmaceuticals. Cash Rs15,000 Investments Rs30,000 Land 70,000 Salary Payable Buildings 3,000 Тools 30,000 51,000 Machinery Notes Payable Capital Cash Balance (previous month): 80,000 Office Furniture 46,000 10,000 Revenues 70,010 50,000 Cash increase due to Revenue: 17000 15,000 Collection for Building purchased: 17,510 Sale of Tools: 75,000 Purchase of Land: 10500 Cash increase due to Revenue: Adam's Investment: 1500 17000 Expenses paid in Cash: 570 b- What is articulation of the financial statement means? Elaborate.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 1.5.1P: Financial statements, including statement of cash flows Pendray Systems Corporation began operations...

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