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All classifications on the balance sheet have a general relationship with sections identified on the statement of cash flows. Indicate which relationships are correctly identified in the table below. Classification on the Number Balance Sheet Section on Statement of Cash Flows I Bonds Payable Financing II Equipment Operating III Common Stock Financing IV Accounts Payable Operating V Accounts Receivable Operating Multiple Choice О О I, II, III, IV, V IV, V I, II, III I, III, IV, V ह

All classifications on the Balance Sheet have a general relationship with sections identified on the Statement of Cash Flows. Indicate which relationships are correctly identified in the table below. Section on Statement Classification on the Balance Sheet of Cash Flows I Bonds Payable Financing II Equipment Operating II Common Stock Financing IV Accounts Payable Operating V Accounts Receivable Operating A) IV, V. B) I, II, II. С)І, IШ, IV, V. D) I, II, III, IV, V. %23

Classifying Items in the Statement of Cash Flows The following items are commonly reported in a statement of cash flows (indirect method presentation). For each item 1 through 20, determine (a) in which section the item is presented (operating, investing, or financing) and (b) whether the associated dollar amount is added or subtracted in the statement.   (a) (b) 1. Payments of short-term debt. AnswerOperatingInvestingFinancing AnswerAddSubtract 2. Repurchases of common stock. AnswerOperatingInvestingFinancing AnswerAddSubtract 3. Purchases of property and equipment. AnswerOperatingInvestingFinancing AnswerAddSubtract 4. Sale of investments classified as long-term. AnswerOperatingInvestingFinancing AnswerAddSubtract 5. Proceeds from the issuance of common stock. AnswerOperatingInvestingFinancing AnswerAddSubtract 6. Increase in prepaid expenses and other current assets. AnswerOperatingInvestingFinancing AnswerAddSubtract 7. Acquisition for cash of a competitor.…

Classifying Items in the Statement of Cash Flows The following items are commonly reported in a statement of cash flows (indirect method presentation). For each item 1 through 20, determine (a) in which section the item is presented (operating, investing, or financing) and (b) whether the associated dollar amount is added or subtracted in the statement.   (a) (b) 1. Payments of short-term debt. Answer Answer 2. Repurchases of common stock. Answer Answer 3. Purchases of property and equipment. Answer Answer 4. Sale of investments classified as long-term. Answer Answer 5. Proceeds from the issuance of common stock. Answer Answer 6. Increase in prepaid expenses and other current assets. Answer Answer 7. Acquisition for cash of a competitor. Answer Answer 8. Increase in current income tax payable. Answer Answer 9. Decrease in accounts payable. Answer Answer 10. Dividends paid to stockholders. Answer Answer 11.…

Accounts Receivable will appear on which of the following financial statements?a. Income statementb. Statement of retained earningsc. Balance sheetd. Statement of cash flows

Which of the following accounts would be found in the Financing Activities section of the statement of cash flows? a.Inventory b.Income Taxes Payable c.Accounts Receivable d.Dividends

Classifying Cash Flows Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: a.  Retirement of bonds payable   b.  Purchase of inventory for cash   c.  Cash sales   d.  Repurchase of common stock   e.  Payment of accounts payable   f.  Disposal of equipment

describe how the cash fl ow statement is linked to the income statement and the balance sheet

Classifying Cash Flows Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: a.  Purchase of investments   b.  Purchase of equipment   c.  Payment for selling expenses   d.  Collection of accounts receivable   e.  Cash received from customers   f.  Issuance of bonds payable

Write an X in the appropriate column to show whether each of the following cash flows should be classified as an operating, investing, or financing. Also, indicate whether it represents a cash inflow or outflow. You may copy/paste the table below into your submission box. Cash Flow                                                              Operating     Investing     Financinga. Received cash from issuance of common stock        ________    ________    ________ b.   Net Income                                                              ________    ________    ________ c.   Received cash from sale of used equipment              ________    ________    ________ d.   Paid cash dividends                                           ________    ________    ________ e.   Paid cash to settle a note payable                              ________    ________    ________ f.    Paid cash to purchase new computer                         ________    ________    ________ g.   Paid cash to pay…

Identify the section of the statement of cash flows (a–d) where each of the following items would be reported.a. Operating activitiesb. Financing activitiesc. Investing activitiesd. Schedule of noncash financing and investing Increase in income taxes payable   Where does this will be on the cash flow statement ?