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Cash Flow

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User Generated
Subject
Accounting
School
Saudi electronic university
Type
Homework
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Accounting assignment
Question 1: debit credit
a) Due from general fund 200 000
Addition to pension contribution 200 000
b) Cash 200 000
Due from general fund 200 000
c) Cash 150 000
Additions- investment and interest 150 000
d) Cash 215 000
Investment 15000
Additions and net appreciation in fair value Investment 200 000
e) Investments 275 000
Cash 275 000
f) Deductions and retirement annuities 325 000
Cash 325 000
g) Deductions and administrative expenses 100 000
Cash 100 000
h) Investments 25 000
Additions and net appreciation in fair value of investments 25000

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Note : the net appreciation in fair value of investments in question h is the difference between
the Investment before valuation and new fair value (4 100 000 - 4 075 000 =25 000)
Question 2:
Cash flow for the year ended December 31
st
2018 debit credit
Cash flow from operating activities
Operating income $68 400
Adjustments to reconcile the net income - -
Depreciation and amortization expense $29 600
Changes in current assets and liabilities - -
Increase in inventory -$27 200 -
Increase in accounts payable $ 54 400 $56 800
Cash generated from operations 125 200
Cash flow from investment activities
Purchases of furniture -$2800
Cash generated from investing -$2800
Cash flow from financing activities $0
Cash and cash equivalent from all activities $122 000
Opening cash balance $584 800

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Accounting assignment Question 1: debit a) Due from general fund 200 000 Addition to pension contribution b) Cash 200 000 200 000 Due from general fund c) Cash 200 000 150 000 Additions- investment and interest d) Cash 150 000 215 000 Investment 15000 Additions and net appreciation in fair value Investment e) Investments 200 000 275 000 Cash f) Deductions and retirement annuities 275 000 325 000 Cash g) Deductions and administrative expenses 325 000 100 000 Cash h) credit Investments 100 000 25 000 Additions and net appreciation in fair value of investments 25000 Note : the net appreciation in fair value of investments in question h is the difference between the Investment before valuation and new fair value (4 100 000 - 4 075 000 =25 000) Question 2: Cash flow for the year ended December 31st 2018 debit credit Cash flow from operating activities Operatin ...
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