Questions from General Accounting


Q: Suppose during 2014, Cypress Semiconductor Corporation reported net cash provided by

Suppose during 2014, Cypress Semiconductor Corporation reported net cash provided by operating activities of $89,303,000, cash used in investing of $43,126,000, and cash used in financing of $7,368,00...

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Q: Dilley Corporation issues $300,000 of bonds for $315

Dilley Corporation issues $300,000 of bonds for $315,000. (a) Prepare the journal entry to record the issuance of the bonds, and (b) show how the bonds would be reported on the balance sheet at the da...

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Q: Loveland Corporation issued $400,000 of 10-year bonds

Loveland Corporation issued $400,000 of 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $388,000, the company redeemed the bonds at 99. Prepare the entry to re...

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Q: Dilley Corporation issues $300,000 of bonds for $315

Dilley Corporation issues $300,000 of bonds for $315,000. (a) Prepare the journal entry to record the issuance of the bonds, and (b) show how the bonds would be reported on the balance sheet at the da...

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Q: Loveland Corporation issued $400,000 of 10-year bonds

Loveland Corporation issued $400,000 of 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $388,000, the company redeemed the bonds at 99. Prepare the entry to re...

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Q: Flowers Corporation reported net cash provided by operating activities of $412

Flowers Corporation reported net cash provided by operating activities of $412,000, net cash used by investing activities of $250,000, and net cash provided by financing activities of $70,000. In addi...

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Q: Suppose Canwest Global Communications Corp. reported net cash used by operating

Suppose Canwest Global Communications Corp. reported net cash used by operating activities of $104,539,000 and sales revenue of $2,867,459,000 during 2014. Cash spent on plant asset additions during t...

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