cash method of accounting gross receipts test
Principles of Accounting- Preparing the Statement of Cash Flows
... Program 2005-2006 Principles of accounting Lecture 4a 7/17/2006 Nguyễn Tấn Bình 45 Statement of Cash Sources and Uses Bo Ho Company The statement of cash sources and uses is the precursor of the statement of cash flows; ... the end of the cash flow statement ã Total net cash flow + the beginning cash balance = the ending cash balance ã Or, the ending cash balance – the beginning cash balance = total net cash flow 7/17/2006 Nguyễn ... the Statement of Cash Flows Two items usually shown on the statement of cash flow in the indirect method: Profits or losses from sales of fixed assets (investing) Profits or losses...
Ngày tải lên: 26/10/2013, 17:15
Principles of Accounting- Statement of Cash Flows
... Program 2005-2006 Principles of accounting Lecture 4 7/17/2006 Nguyễn Tấn Bình 25 Preparing the statement of cash flows A statement of cash flow includes three parts Net cash flow from operating (I) Net cash flow ... (II) Net cash flow from financing (III) Total net cash flows = I + II + III + Beginning cash balance = Ending cash balance 7/17/2006 Nguyễn Tấn Bình 26 Two methods of preparing the statement of cash ... Program 2005-2006 Principles of accounting Lecture 4 7/17/2006 Nguyễn Tấn Bình 3 The main objective of the statement of cash flows ã Shows the relationship between the Net Income and Net Cash Flow ã Explains how cash...
Ngày tải lên: 26/10/2013, 17:15
Accounting earnings and cash flows as measures of firm performance The role of accounting accruals doc
Ngày tải lên: 23/03/2014, 03:20
Test Bank for Essentials of Accounting for Governmental_1 doc
... previous categories of reserved and unreserved. The standard affects only the equity section of the balance sheet of governmental funds. It does not change the reporting of net assets of proprietary ... (net of liabilities) of the fund include cash and items expected to be converted into cash in the next period. These “spendable” resources are further classified according to the nature of any ... expenditures and reversal of the associated encumbrance. You should follow the format of the entries provided in entries 1 to 7 of the appendix to Chapter 3. 3–16. The City of Grafton’s records...
Ngày tải lên: 21/06/2014, 04:20
Test Bank for Essentials of Accounting for Governmental_2 pot
... trial balance of the General Fund of the Village of Elizabeth, liabilities (Accounts Payable and Due to Federal Government) total $165,000. Cash of the General Fund on the date of the trial ... accrual accounting are mentioned in the notes? e. Look at the General Fund column of the governmental fund statements from the point of view of a financial analyst. Is the Fund Balance as of the ... incurred. During 2012, expenditures in the amount of $350,000 were incurred, of which $280,000 was paid. The State had remitted $300,000 cash as of the end of 2012. 4. Expenditures Control . . . ....
Ngày tải lên: 21/06/2014, 04:20
Test Bank for Essentials of Accounting for Governmental_3 pot
... placed upon the raising of revenue and/or the use of resources for the provision of services to the public and the acqui- sition of facilities to aid in the provision of services. Funds discussed ... number of forms of leases including operating leases and capital leases. GASB Statement No. 13 accepts the FASB’s SFAS No. 13 definitions of these two forms of leases and prescribes accounting ... economic 3. life of the leased property. The present value of rental or other minimum lease payments equals or exceeds 4. 90 percent of the fair value of the leased property. If none of the criteria...
Ngày tải lên: 21/06/2014, 04:20
Test Bank for Essentials of Accounting for Governmental_4 doc
... and cash equivalents (287,200) 3,500 Cash and cash equivalents—beginning of year 522,130 0 Cash and cash equivalents—end of year $234,930 $ 3,500 Reconciliation of operating income to net cash ... 68,000 Net decrease in cash and cash equivalents 96,000 Cash and cash equivalents, July 1, 2011 40,000 Cash and cash equivalents, June 30, 2012 $136,000 Prepare a statement of cash flows using the ... Enhancer 172 Chapter 6 cash of $124,930 plus restricted assets of $110,000 equals the cash and cash equiva- lents of $234,930 (Illustration 6–5). GASB requires the direct method to report cash flows from...
Ngày tải lên: 21/06/2014, 04:20
Test Bank for Essentials of Accounting for Governmental_5 pdf
... justify the equity method of accounting (see an intermediate accounting text), then the equity method of accounting would be followed. ILLUSTRATION 7–2 Combining Statement of Changes in Assets ... Statement of Changes in Fiduciary Net Assets for the year ended December 31, 2012. 7–6. On July 1, 2011, the City of Belvedere accepted a gift of cash in the amount of $3,000,000 from a number of ... Statement of Net Assets—Illustration 6–3 Statement of Revenues, Expenses, and Changes in Fund Net Assets—Illustration 6–4 Statement of Cash Flows—Illustration 6–5 Fiduciary Funds Statement of Fiduciary...
Ngày tải lên: 21/06/2014, 04:20
Test Bank for Essentials of Accounting for Governmental_6 pdf
... the year) OFS: Proceeds of bonds OFS: Premium on bonds OFS: Proceeds of bonds OFS: Premium on bonds Dr Dr Premium on Bonds Bonds Payable Premium on Bonds Bonds Payable Bonds Payable Cash account ... Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities VILLAGE OF ELIZABETH Reconciliation of the Statement of Revenues, ... Statement of Net Assets (see Illustration 2–5) and as separate rows in the Statement of Activities (see Illustration 2–6). Many component units use the accrual basis of accounting and the balances of...
Ngày tải lên: 21/06/2014, 04:20
Test Bank for Essentials of Accounting for Governmental_11 potx
Ngày tải lên: 21/06/2014, 04:20
Test Bank for Essentials of Accounting for Governmental_12 ppt
Ngày tải lên: 21/06/2014, 04:20
Standard Method of Test for Slump Loss of Portland Cement Concrete ppsx
Ngày tải lên: 10/07/2014, 23:20
Accounting and financial test
... rate of return. d. Current liabilities are higher than current assets. 4. If we have cash of $ 1,500, accounts receivables of $ 25,500 and current liabilities of $ 30,000, our quick or acid test ... Beginning Cash on Hand is $ 4,000, projected cash inflows are $ 28,000 and projected cash outflows are $ 39,000. You want to have an ending cash balance of $ 2,000. What is your total projected cash ... into a project that will generate $ 5,500 of cash flows each year for the next 3 years. If your cost of capital is 11%, then the present value of future cash flows is: (refer to Exhibit 2 for...
Ngày tải lên: 01/11/2012, 11:30
Accounting and financial test
... rate of return. d. Current liabilities are higher than current assets. 4. If we have cash of $ 1,500, accounts receivables of $ 25,500 and current liabilities of $ 30,000, our quick or acid test ... cash balance of $ 2,000. What is your total projected cash deficit? m. $ 11,000 n. $ 4,000 o. $ 7,000 p. $ 9,000 21. Spontaneous financing or trade credit is simply a way of obtaining more cash ... 25. One of the early warning signs of cash flow distress is: a. High inventory turnover b. Early distribution of payroll checks c. Late vendor payments d. Excessive cash balances 26....
Ngày tải lên: 01/11/2012, 11:30
Evaluating the Reliability and Validity of an English Achievement Test for Third-year Non- major students at the University of Technology, Ho Chi Minh National University and some suggestions for chan
... in terms of construct validity, the test seems to lack of it. It can be seen from Table 3.6: Scale Intercorrelations among seven subtests (parts) of Test 6 that seven parts of the test are ... frame”. There are two kinds of achievement tests: final achievement test and progress achievement test. Final achievement tests are those administered at the end of a course of study. They may be ... resulting from a test are the result of characteristics of those being measured. For example, reliability has elsewhere been defined as "the degree to which test scores for a group of test takers...
Ngày tải lên: 07/11/2012, 15:05
DESIGNING AN END OF YEAR ENGLISH OBJECTIVE TEST FOR 1ST YEAR NON MAJOR ENGLISH STUDENTS OF THE ACADEMY OF FINANCE
Ngày tải lên: 07/09/2013, 13:19
Principles of Accounting
... Bao Linh 10 Principles of Accounting by Nguyen Bao Linh Cost of Supplies Suppose that an ending-period inventory reveals a stationery balance of $200 Hence, the portion of stationery used during ... Linh 11 Principles of Accounting by Nguyen Bao Linh Depreciation Expense Suppose that the office equipment is depreciated under the straight-line method and has a usable life of 5 years (60 months) The ... Teaching Program 2005-2006 Lecture Notes 3 Income Statement Nguyen Bao Linh 1 Principles of Accounting Principles of Accounting Fulbright Economics Teaching Program Ho Chi Minh City, Vietnam Academic...
Ngày tải lên: 22/10/2013, 10:15