WitrynaLand costing $78,000 was sold for $93,000 cash. The gain on the sale was reported on the income statement as other income. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? a. $78,000 b. $108,000 c. $93,000. Question: Land costing $78,000 was sold for $93,000 cash. … WitrynaWhich of the following is an investing activity? Sale of land for cash Repayment of external borrowings Dividends paid Sale of merchandise for cash Expert Answer …
What Are Investing Activities? How to Report Investment …
WitrynaClassify the following activity from a section of the Statement of Cash Flows as (1) Investing, (2) Financing, (3) Operating or (4) Significant Non-Cash Activity: Sold land for cash. How should a gain on the sale of an office building owned by the entity be presented in a cash flow statement? a. WitrynaExpert Answer. Item 1: Classify each transaction as either an operating activity “OA”, an investing activity “IA," or a financing activity “FA," or a noncash investing and financing activity "NC." Selected transactions for the Entity A are listed below. 1. Common stock is sold for cash. 2. Interest on a short-term note receivable is ... charles r boyd spencer funeral home
Answered: Classify each transaction as either (a)… bartleby
Witryna28 maj 2024 · Definition Investing activities are a type of cash flow activities. Accordingly, you will see an investing activities section in the cash flow financial … Witryna4 mar 2024 · Investments in highly liquid securities (cash equivalents) are excluded from investing activities. Companies often buy them to trade. Companies often buy them to trade. Therefore, buying and … WitrynaAfter you add up all your fixed costs, divide that total number by your share of acres farmed. When we talk about share of acres farmed, that means 100% of owned and … harrys 888-212-