MyLab Accounting with Pearson eText -- Access Card -- for Horngren's Accounting

12th Edition

ISBN: 9780134489728

Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura

Publisher: PEARSON

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Textbook Question

Chapter 16, Problem S16A.11SE

Preparing a statement of cash flows using the direct method
Learning Objective 4 Appendix 16A
Jelly Bean, Inc. began 2018 with cash of $58,000. During the year, Jelly Bean earned revenue of $595,000 and collected $614,000 from customers. Expenses for the year totaled $427,000, of which Jelly Bean paid $212,000 in cash to suppliers and $205,000 in cash to employees. Jelly Bean also paid $148,000 to purchase equipment and a cash dividend of $57,000 to its stockholders during 2018. Prepare the company's statement of cash flows for the year ended December 31, 2018. Format operating activities by the direct method.

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Chapter 16, Problem S16.10SE

Chapter 16, Problem S16A.12SE

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Chapter 16 Solutions

MyLab Accounting with Pearson eText -- Access Card -- for Horngren's Accounting

Ch. 16 - Prob. 1QC Ch. 16 - Prob. 2QC Ch. 16 - Prob. 3QC Ch. 16 - Prob. 4QC Ch. 16 - Prob. 5QC Ch. 16 - The Plant Assets account and Accumulated...Ch. 16 - Mountain Water Corp issued common stock of $28,000...Ch. 16 - Prob. 8QC Ch. 16 - Maxwell Furniture Center had accounts receivable...Ch. 16 - Prob. 10BQC

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