1.12 Pay cash for manufacturing labor Wage cost incurred = $190 A +dr -cr L -dr +cr Contra-assets -dr +cr E on B/S -dr +cr E via I/S -dr +cr Indirect operating cash flows: Direct operating cash flows: Direct investing cash flows: Direct financing cash flows: Net cash flows =

1.12 Pay cash for manufacturing labor Wage cost incurred = $190 A +dr -cr L -dr +cr Contra-assets -dr +cr E on B/S -dr +cr E via I/S -dr +cr Indirect operating cash flows: Direct operating cash flows: Direct investing cash flows: Direct financing cash flows: Net cash flows =

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter14: Statement Of Cash Flows

Section: Chapter Questions

Problem 1MCQ: Cash inflows from operating activities come from a. payment for raw materials. b. gains on the sale...

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Question

1.12 Pay cash for manufacturing labor
Wage cost incurred = $190
A
+dr
-cr
L
-dr
+cr
Contra-assets
-dr
+cr
E on B/S
-dr
+cr
E via I/S
-dr
+cr
Indirect operating cash flows:
Direct operating cash flows:
Direct investing cash flows:
Direct financing cash flows:
Net cash flows =

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