Module 8 Signature Assignment
Welcome to the final module of the course!
The signature assignment will be in the form of the following:
(1) Excel File – For your signature assignment, we will be targeting
the Statement of Cash Flows. The preparation of this statement is
extremely important as it to
management for planning and comprehension of the current period
activity. You will be provided an Excel Template which you will use to
answer the prompt.
(A) Excel File Prompt Statement of Cash Flows
Your goal is to prepare a Statement of Cash Flows within the problem
In the Excel Template provided, you will find the Balance Sheet of
Marina Comp for December 31, 2013.
In addition to the information on the Balance Sheet, we are presented
with the following additional data related to current year operations:
1. Net income for the year 2013, $66,000.
2. Depreciation on plant assets for the year, $12,700.
3. Sold the for $28,000 (assume gain or
loss is ordinary).
4. Paid dividends of $25,000.
5. Purchased machinery costing $21,500, paid cash.
6. Purchased machinery and gave a $60,000 long-term note
7. Paid a $40, by issuing common
Using tab 2 in the Excel Template (2) Cash Flows Statement –
prepare a statement of cash flows (using the indirect method) for 2013
for Marina Company. There are a few answers inputted into the
Statement to help get you started on the preparation.
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