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Kaplan University AC 501 Unit 2
Homework Assignment NEW
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rsity/ac- 501 -unit- 2 -homework- assignment-new
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com E4-4
INSTRUCTIONS Prepare a classified balance sheet
in good form (No monetary amounts are
necessary) E4-9
INSTRUCTIONS Restate the current assets and
liabilities sections of the balance sheet in
accordance with good accounting practice. (Assume
that both accounts
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receivable and accounts payable are
recorded gross.) Determine the net effect of your
adjustments on Allessandro Scarlatti Company's
retained earning balance. E5-6 INSTRUCTIONS Prepar
e a multiple-step income statement Prepare a
single-step income statement E5-11 INSTRUCTIONS Co
mpute earnings per share data as it should appear
on the income statement of Tkachuk Corporation. E6
-3 INSTRUCTIONS Classify each of the transactions
above as 1) Operating activity 2)
Operating activity
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3) Investing activity 4) Financing
activity 5) Not reported as cash
flow E6-9 INSTRUCTIONS Prepare a statement of
cash flows for 2008 for Zubin Mehta
Corporation Determine Zubin Mehta Corporation's
free cash flow.