EB3. LO 16.2 In which section of the statement of cash flows would each of the following transactions be included? For each,identify the appropriate section of the statement of cash flows as operating (0), investing (), financing (F), or none (N). (Note:some transactions might involve two sections.)A. purchased stock in Xerox CorporationB. purchased office suppliesC. issued common stockD. sold plant assets for cashE. sold equipment for cash

Cash flow statement is the part of financial statement which shows the net increase or decrease in…

EB3. LO 16.2 In which section of the statement of cash flows would each of the following transactions be included? For each, identify the appropriate section of the statement of cash flows as operating (0), investing (1), financing (F), or none (N). (Note: some transactions might involve two sections.) A. purchased stock in Xerox Corporation B. purchased office supplies C. issued common stock D. sold plant assets for cash E. sold equipment for cash

EB3. LO 16.2 In which section of the statement of cash flows would each of the following transactions be included? For each, identify the appropriate section of the statement of cash flows as operating (0), investing (1), financing (F), or none (N). (Note: some transactions might involve two sections.) A. purchased stock in Xerox Corporation B. purchased office supplies C. issued common stock D. sold plant assets for cash E. sold equipment for cash

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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Place an X' in the appropriate columns for each of the following situations to indicate how amounts are classified and how or whether cash is affected: Effect on Cash Operating Investing Financing Activity Inflow (+) Situation Outflow No Activity Activity () Effect a. Paying off accounts payable with cash. b. Retirement of common stock with cash. e. Issuance of bonds for |cash. |d. Acquired land by issuing | common stock. e. Paid cash for inventory. E Collection of accounts receivable with customer cash.
Provide iand Create nformation needed to create a Statement of Cash Flows using the Indirect Method. You MUST include: Net Income At least 3 items that go under operating activities. At least 2 items that go under investing activities. At least 2 items that go under financing activities. And 1 non-cash transaction.
Which of the following items is not considered an investing cash flow in the statement of cash flows? a. Purchase of equipment. b. Purchase of securities. c. Issuing common stock for cash. d. Sale of land.
can you help me with the last part of the question Indicate whether the transaction increases (+), decreases (–), or increases and decreases (+/-) each element of the financial statements. Also, in the Statement of Cash Flows column, use the letters OA to designate operating activity, IA for investing activity, FA for financing activity, and leave blank for no effect. The first transaction is recorded as an example. (Not all cells require input.)
223. Subject : - Accounting
2. a. In what section of the statement of cash flows would a Gain be reported when the indirect method is used? Noncash activities note Investing Activities Financing Activities Operating Activitiesb. In what section of the statement of cash flows is the purchase of treasury stock reported? Investing Activities Operating Activities Noncash activities note Financing Activities
On the statement of cash flows, the investing activities section would include a. cash paid for dividends Ob. cash paid for retirement of bonds payable Oc. cash received from the issuance of capital stock Od. cash received from the sale of investments
Which of the following is included in the financing activities on a statement of cash flows? 28 Multiple Choice O Changes in accounts payable. Purchases of equipment. Paying interest to lenders. Cash dividends paid.
refer to the photo
I. Direction: Analyze the following transactions. Determine if the movement of cash is INFLOW or OUTFLOW. Write your answer on the second column. Determine if the cash activity is OPERATING< INVESTING Or FINANCING. Write your answer on the third column. If the transaction is non-cash, write NONCASH on both columns. Transaction Movement of cash Cash activity 1. collection from customers 2. payment of interest to lenders made by financial institutions 3. issuance of shares of stocks 4. proceed from loan from Metrobank 5. depreciation of equipment 6. sale of merchandise 7. sale of obsolete machineries 8. payment of salaries of employees. 9. payment of taxes 10. payment of dividends
Where is the overall change in cash shown in the statementof cash flows?a. In the top part, before the operating activities section.b. In one of the operating, investing, or financing activities sections.c. In the bottom part, following the financing activitiessection.d. None of the above.
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