acc305_wk_2_e4_19___wainwright

Apr 17th, 2015
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Hi there.This document contains A+ work for the course ACC 305.I am sure that this work will not disappoint you.This document will give you the correct answers to the respective questions about the particular course.

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E4-19 - Wainwright Corporation - ACC305 Intermediate Accounting I - Ashford University Required:1.Analyze each transaction and classify each as a financing, investing and/or operating activity (a transaction can represent more than one type of activity). In doing so, also indicate the cash effect of each, if any. If there is no cash effect, simply place a check mark (?) in the appropriate column(s). 2.Prepare a statement of cash flows, using the direct method to present cash flows from operating activities. Assume the cash balance at the beginning of the month was $40,000.Exercise 4-19Requirement 1FinancingInvestingOperating1. $300,0002.?$(10,000)3.?4.?5.$ (5,000)6.(6,000)7.(70,000)8.55,0009.?______________________________$300,000$(10,000)$(26,000)= $264,000Requirement 2Wainwright CorporationStatement of Cash FlowsFor th

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