a.
Record the 2016 transactions in T-accounts.
b.
Indicate the event of 2016 that affects the balance sheet, income statement, and statement of
c.
Ascertain the amount of revenue that would be reported on the 2016 income statement of Company D.
d.
Ascertain the amount of cash flow from operating activity that would be reported on the 2016 statement of cash flows of Company D.
e.
Open T-account for
f.
Record the 2017 cash collection in the appropriate T-accounts.
g.
Indicate the event of 2017 that affects the balance sheet, income statement, and statement of cash flows.
h.
Ascertain the amount of net income and net cash flow from operating activities for 2017.
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Fundamental Financial Accounting Concepts, 9th Edition
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