2025 2024 Cash $7,600 $9,900 Accounts receivable (net) 82,000 88,100 Merchandise inventory 86,400 82,200 Prepaid expenses 9,000 12,000 Equipment 169,500 145,000 Accumulated depreciation-equipment (45,500) (36,500) Land 30,000 50,700 Total assets $339,000 $351,400 Accounts payable $43,800 $57,300 Accrued expenses 11,100 8,900 Notes payable-bank, short-term -0- 50,300 Bonds payable 19,700 -0- Common stock, $1 par 180,000 163,000 Retained earnings 84,400 71,900 Total liabilities and shareholders' equity $339,000 $351,400 Equipment was purchased for $17,000 in exchange for common stock, par $17,000, during the year; all other equipment purchased was for cash. Land was sold for $31,700. Cash dividends of $7,100 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a-sign e.g. -12,000 or in parenthesis e.g. (12,000).) (a) Net cash provided by operating activities. -37900 (6) (b) Net cash provided by investing activities. 22700 (c) Net cash used by financing activities. 13000

PQ16.05 A company has the following assets: Buildings and Equipment, less accumulated depreciation of $5,000,000 Patents Trademarks Land $25,000,000 2,400,000 10,000,000 12,000,000 Goodwill 2,000,000 Cash 8,000,000 The total amount reported under Property, Plant, and Equipment would be??

Loss of 21300 is incurreed in selling (for cash) office qeuipment that cost 89000 and had accumulated depreciation of 22200, actual cash proceedsmust have been 1. 67700 2.88100 3.66800 4. 45500

P10.5A Journalise a series of equipment transactions related to purchase, sale, retirement, and depreciation At December 31, 2021. Grand Regency Limited reported the following as Non-current tangible assets: 4,000,000 16,400,000 June 11 July 1 Dec. 31 Land Buildings Less: Accumulated depreciation - buildings Equipment Less: Accumulated depreciation - equipment Total plant assets During 2022, the following selected cash transactions occurred. April 1 Purchased land for R2,130,000. May 1 (b) (c) (d) 28,500,000 12,100,000 48,000,000 5,000,000 Required: (a) 43,000,000 £63,400,000 Sold equipment that cost R750,000 when purchased on January 1, 2018. The equipment was sold for R450,000. Sold land purchased on June 1, 2012 for R1,500,000. The land cost R400,000. Purchased equipment for R2,500,000. Retired equipment that cost R500,000 when purchased on December 31, 2012. No salvage value was received. Prepare general journal entries the above transactions. The company uses straight-line…