accounting questions for ACCOUNTING tutors only

Relax! Stop worrying about deadlines and let our professional writers help you. Hire an essay writer helper and receive a professional assignment before your deadline. We provide writing services for all types of academic assignments.


Order a Similar Paper Order a Different Paper

Prepare a statement of cash flows for 2011 using the
indirect method

13-9  Muldur
corporation’s comparative balance sheets are presented below.

  MULDUR CORPORATION

  Comparative Balance Sheet

 December 3

2011    2010

Cash  $  15,200    $  17,700 

 Accounts receivable      25,200    22,300 

Investments    20,000    16,000

Equipment    60,000    70,000 

 Accumulated depression    (14,000)  (10,000) 

  Total  $  106,400 $116,000


2011                   2010

Accounts payable    $  14,600      $ 
11,100    

Bonds payable            10,000    30,000

Common stock            50,000    45,000 

Retained earnings       31,800    29,900

  Total   
106,400  $  116,000

   

Additional Information:

1. 
Net income was $18,300. Dividends declared and
paid were $16,400.

2. 
Equipment which cost $10,000 and had accumulated
depreciation of $1,200 was sold for $3,300.

3. 
All other changed in noncurrent account balances
had a direct effect of cash flows, except the change in accumulated
depreciation.

Great students hand in great papers. Order our essay service if you want to meet all the deadlines on time and get top grades. Professional custom writing is the choice of goal-focused students. Word on the online streets is... we're simply the best!

Get a 15% discount on your order using the following coupon code SAVE15


Order a Similar Paper Order a Different Paper