1) 43021 4053) 3304) 3505) 630nemAccounts payableAccounts receivableAccrualsCashCommon StockCOGSDepreciation expenseInterest expenseInventoriesLong-term debtNet fixed assetsNotes payableOperating expenses (excl. depr.)Retained earningsSalesTaxes2022 20235705301,0203202,0204,0202201903,0201,5202,720770320???5,020140370???1,1205702,2704,2503702103,2701,6702,5206004508206,020160 3:4:te 5:ge 6:Given the data in the following table, the Net Cash Flow from Operating Activities in2023 was $• NOTE: The table below applies to questions 5 to 11 (it is included on each ofthese questions).The balance sheet accounts listed below are the only items on the company's balancesheet for each year and the income statement accounts are the only items on thecompany's income statement for each year.1) 430ItemAccounts payableAccounts receivableAccrualsCashCommon StockCOGSDepreciation expenseInterest expenseInventoriesLong-term debtNet fixed assetsNotes payableOperating expenses (excl. depr.)Retained earningsSalesTaxes20225705301,0203202,0204,0202201903,0201,5202,720770320???5,0201402023370???1,1205702,2704.2603702103.2701,6702,5206004508206,020160D

Statement of cash flow is a financial statement that includes three significant activities…

1) 430 2) 405 3) 330 4) 350 5) 630 Accounts payable Accounts receivable Accruals Cash Common Stock COGS Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Sales Taxes 2022 570 530 1,020 320 2,020 4,020 220 190 3,020 1,520 2,720 770 320 ??? 5,020 140 2023 370 ??? 1,120 570 2,270 4,260 370 210 3,270 1,670 2,520 600 450 820 6,020 160

1) 430 2) 405 3) 330 4) 350 5) 630 Accounts payable Accounts receivable Accruals Cash Common Stock COGS Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Sales Taxes 2022 570 530 1,020 320 2,020 4,020 220 190 3,020 1,520 2,720 770 320 ??? 5,020 140 2023 370 ??? 1,120 570 2,270 4,260 370 210 3,270 1,670 2,520 600 450 820 6,020 160

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

1) 430
21 405
3) 330
4) 350
5) 630
nem
Accounts payable
Accounts receivable
Accruals
Cash
Common Stock
COGS
Depreciation expense
Interest expense
Inventories
Long-term debt
Net fixed assets
Notes payable
Operating expenses (excl. depr.)
Retained earnings
Sales
Taxes
2022 2023
570
530
1,020
320
2,020
4,020
220
190
3,020
1,520
2,720
770
320
???
5,020
140
370
???
1,120
570
2,270
4,250
370
210
3,270
1,670
2,520
600
450
820
6,020
160

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