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 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 Prepare a multiple-step income statement Prepare a single-step income statement E5-11 INSTRUCTIONS Compute 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 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.
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