My Test File Essay
FINANCIAL ACCOUNTING & CONTROL
This assignment is intended to help you practice solving problems and get concept clarity on two topics: Cash Flow Statement and Inventory Valuation.
Attempt all questions and submit by 31st Aug 2015.
1. S Co. entered into the following transactions: a. Paid suppliers b. Received dividend from an associate. c. Sold investments at a gain. d. Purchased copyrights with cash. e. Issued debentures in exchange for equipment. f. Paid interest on bank overdraft. g. Converted debentures into equity shares. h. Received payments from customers. i. Purchased investments with cash. j. Purchased a 60-day certificate of deposit with …show more content…