E2-10 Transactions página 69

Instrucciones
Luego de leer las instrucciones y el ejercicio favor de escribir sus contestaciones, sólo la

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ontestaciones, sólo las letras.
 Integrated Financial Statement Framework
(1)
Balance Sheet
Assets = Liabilities Stockholders' Equity

Notes Capital Retained

Transactions Cash + Land + = payable + Stock + Earnings
a Purchase of common stocks 50,000 50,000
b Issue of a notes payable 25,000 25,000
c Service revenue 28,000 28,000
d Administrative expenses (3,000) (3,000)
e Administrative expenses (2,700) (2,700)
f Salaries expense (4,200) (4,200)
g Interest expense (100) (100)
h Land purchase (55,000) 55,000
i Dividends payment (4,000) (4,000)
Balances 34,000 + 55,000 + = 25,000 + 50,000 + 14,000
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Statement of Cash Flow 89,000 = 89,000 Income Statement
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Operational cash flow (41,000) Revenues 28,000
Financing 75,000 Expenses (14,000)
Total cash flow 34,000 Net income 14,000
La inversión de los accionistas y los ingresos aumentan el patrimonio de los accionistas porque
es unas cantidades que se añaden al efectivo disponible para las operaciones cuando se
emiten acciones y una ganancia que se generó luego de descontados los gastos. Por otro lado,
el patrimonio de los accionistas disminuye al pagar dividendos y gastos porque, en el caso de
los dividendos es un dinero que se retira del efectivo que afecta el capital acumulado y en el
caso de los gastos tambien son erogaciones de dinero que reducen la ganancia neta que
aumentaría el capital.
 BIRDE INSURANCE INC.
Income Statement
For the Month Ending March 31, 2013

Revenues: 28,000

Expenses:
Administrative expenses -5,700
Salaries expense -4,200
Interest expense -100
Dividend expense -4,000 -14,000

Net Income $ 14,000 L

BIRDE INSURANCE INC.

Retained Earnings Statement
For the Month Ending March 31, 2013

Retained earnings, March 31, 2013 $ 14,000 J

 BIRDE INSURANCE INC.
Balance Sheet
March 31, 2013
Assets
Cash 34,000
Land 55,000
Total assets $ 89,000 J
Liabilities
Notes payable 25,000
Stockholders Equity
Common stocks 50,000
Retained earnings 14,000

Total liabilities and stockholders' equity $ 89,000 J

 BIRDE INSURANCE INC.
Statement of Cash Flow
For the Month Ending March 31, 2013

Cash flow from operating activities: - 41,000

Cash flow used for investing activities -

Cash Flow from financing activities: 75,000

Cash as of March 31. 2013 $ 34,000 J

 FERGUSON SERVICES, INC.
Income Statement
For the Month Ending May 31, 2013

Revenues: 300,000

Expenses:
Rent expense 28,000
Salaries expense 87,000
Utilities expense 40,000
Miscellaneous expense 8,000
Interest expense 2,000
Taxes expense 22,000
-187,000
Net Income $ 113,000

FERGUSON SERVICES, INC.

Retained Earnings Statement
For the Month Ending May 31, 2013
Retained Earnings 113,000
Dividens -13,000
Retained earnings, March 31, 2013 $ 100,000
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 FERGUSON SERVICES, INC.
Balance Sheet
May 31, 2013
Assets
Cash 62,000
Land 98,000 160,000
Total assets $ 160,000
Liabilities
Notes payable 30,000
Stockholders Equity
Common stocks 30,000
Retained earnings 100,000 160,000

Total liabilities and stockholders' equity $ 160,000

FERGUSON SERVICES, INC.

Statement of Cash Flow
For the Month Ending May 31, 2013

Cash flow from operating activities: 62,000

Cash flow used for investing activities -

Cash Flow from financing activities:

Cash as of March 31. 2013 $ 62,000
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 FERGUSON SERVICES, INC.
Income Statement
For the Month Ending May 31, 2014

Revenues: 515,000

Expenses:
Rent expense 36,000
Salaries expense 155,000
Utilities expense 52,000
Miscellaneous expense 11,000
Interest expense 3,000
Taxes expense 28,000 285,000

Net Income $ 230,000

FERGUSON SERVICES, INC.

Retained Earnings Statement
For the Month Ending May 31, 2014

Retainted earnings 100,000

Net income 230,000
Less: Dividends -40,000
Retained earnings, May 31, 2013 $ 290,000
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 FERGUSON SERVICES, INC.
Balance Sheet
May 31, 2014
Assets
Cash 145,000
Land 240,000
Total assets $ 385,000
Liabilities
Notes payable 40,000
Stockholders Equity
Commons stocks 55,000
Retained earnings 290,000

Total liabilities and stockholders' equity $ 385,000

FERGUSON SERVICES, INC.

Statement of Cash Flow
For the Month Ending May 31, 2014

Cash flow from operating activities: 145,000

Cash flow used for investing activities

Cash Flow from financing activities:

Cash as of May 31. 2014 $ 145,000
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