Indicate how each event affects the elements of the financial statements. Use the following letters to record your answer in the box shown below each element. Use only one letter for each element. You do not need to enter amounts.Increase = IDecrease = DNo Effect = NA(Note that "No Effect" means that the event does not affect that element of the financial statements or that the event causes an increase in that element and is offset by a decrease in that same element.) On December 31, Year 1, Ravenwood Company made an annual payment on a long-term installment note payable. AssetsLiabilitiesStk. EquityRevenuesExpensesNetStmt. of ?IncomeCash Flows???????
What will be an ideal response?
(D) (D) (D) (NA) (I) (D) (D)
Making a payment on an installment note decreases assets (cash) by the amount of the payment, decreases liabilities (installment note payable) by the amount of the principal amortization, and decreases stockholders' equity (retained earnings). It increases expenses (interest expense), which decreases net income. The amount of the principal amortization is reported as a cash outflow for financing activities, and the amount of interest expense recognized is reported as a cash outflow for operating activities.
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The certificate of incorporation is frequently referred to as the bylaws
a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Interpersonal communication occurs in dyads. 2. Interpersonal communication can occur between a supervisor and a subordinate. 3. Your coworkers are potentially your internal customers. 4. External customers are clients that are external to the company. 5. Active listening strategies should be a part of your communication interaction in order to achieve professional excellence in interpersonal communication.
To give all members a chance to participate and to minimize group pressure, the recommended method for generating ideas is?
A) ?Nominal group technique
B) ?Brainstorming
C) ?Panel
D) ?Roundtable Discussion
In the examples given for employee violations of the U.S. Department of Defense Code of Conduct, what were the common punishments?
a. demotions and firings b. reprimands and demotions c. monetary fines d. imprisonment