Statement of cash flows Statement of cash flow is a financial statement that shows the cash and cash equivalents of a company for a particular period of time. It shows the net changes in cash, by reporting the sources and uses of cash as a result of operating, investing, and financing activities of a company. Type of activities reported in statement of cash flows: Figure (1) To Indicate: Statement presentation of transactions. Issue of bonds payable for cash amounted to $200,000 must be reported in the Financing activities in the statement of cash flow.

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Answer 1

Question

Chapter 12, Problem 12.1BE

(a)

To determine

Statement of cash flows

Statement of cash flow is a financial statement that shows the cash and cash equivalents of a company for a particular period of time. It shows the net changes in cash, by reporting the sources and uses of cash as a result of operating, investing, and financing activities of a company.

Type of activities reported in statement of cash flows:

Figure (1)

To Indicate: Statement presentation of transactions.

Issue of bonds payable for cash amounted to $200,000 must be reported in the Financing activities in the statement of cash flow.

(b)

To determine

To Indicate: Statement presentation of transactions.

Purchase of equipment for cash amounted to $180,000 must be reported in the Investing activities in the statement of cash flow.

(c)

To determine

To Indicate: Statement presentation of transactions.

Sale of land for cash amounted to $20,000 must be reported in the Investing activities in the statement of cash flow.

(d)

To determine

To Indicate: Statement presentation of transactions.

Payment of cash dividend amounted to $50,000 must be reported in the Financing activities in the statement of cash flow.

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Answer 2

Question

Chapter 12, Problem 12.1BE

(a)

To determine

Statement of cash flows

Statement of cash flow is a financial statement that shows the cash and cash equivalents of a company for a particular period of time. It shows the net changes in cash, by reporting the sources and uses of cash as a result of operating, investing, and financing activities of a company.

Type of activities reported in statement of cash flows:

Figure (1)

To Indicate: Statement presentation of transactions.

Issue of bonds payable for cash amounted to $200,000 must be reported in the Financing activities in the statement of cash flow.

(b)

To determine

To Indicate: Statement presentation of transactions.

Purchase of equipment for cash amounted to $180,000 must be reported in the Investing activities in the statement of cash flow.

(c)

To determine

To Indicate: Statement presentation of transactions.

Sale of land for cash amounted to $20,000 must be reported in the Investing activities in the statement of cash flow.

(d)

To determine

To Indicate: Statement presentation of transactions.

Payment of cash dividend amounted to $50,000 must be reported in the Financing activities in the statement of cash flow.

Expert Solution & Answer

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Answer 3

Question

Chapter 12, Problem 12.1BE

(a)

To determine

Statement of cash flows

Statement of cash flow is a financial statement that shows the cash and cash equivalents of a company for a particular period of time. It shows the net changes in cash, by reporting the sources and uses of cash as a result of operating, investing, and financing activities of a company.

Type of activities reported in statement of cash flows:

Figure (1)

To Indicate: Statement presentation of transactions.

Issue of bonds payable for cash amounted to $200,000 must be reported in the Financing activities in the statement of cash flow.

(b)

To determine

To Indicate: Statement presentation of transactions.

Purchase of equipment for cash amounted to $180,000 must be reported in the Investing activities in the statement of cash flow.

(c)

To determine

To Indicate: Statement presentation of transactions.

Sale of land for cash amounted to $20,000 must be reported in the Investing activities in the statement of cash flow.

(d)

To determine

To Indicate: Statement presentation of transactions.

Payment of cash dividend amounted to $50,000 must be reported in the Financing activities in the statement of cash flow.

Expert Solution & Answer

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Answer 4

Question

Chapter 12, Problem 12.1BE

(a)

To determine

Statement of cash flows

Statement of cash flow is a financial statement that shows the cash and cash equivalents of a company for a particular period of time. It shows the net changes in cash, by reporting the sources and uses of cash as a result of operating, investing, and financing activities of a company.

Type of activities reported in statement of cash flows:

Figure (1)

To Indicate: Statement presentation of transactions.

Issue of bonds payable for cash amounted to $200,000 must be reported in the Financing activities in the statement of cash flow.

(b)

To determine

To Indicate: Statement presentation of transactions.

Purchase of equipment for cash amounted to $180,000 must be reported in the Investing activities in the statement of cash flow.

(c)

To determine

To Indicate: Statement presentation of transactions.

Sale of land for cash amounted to $20,000 must be reported in the Investing activities in the statement of cash flow.

(d)

To determine

To Indicate: Statement presentation of transactions.

Payment of cash dividend amounted to $50,000 must be reported in the Financing activities in the statement of cash flow.

Expert Solution & Answer

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See solution

Answer 5

Chapter 12, Problem 12.1BE

(a)

To determine

Statement of cash flows

Statement of cash flow is a financial statement that shows the cash and cash equivalents of a company for a particular period of time. It shows the net changes in cash, by reporting the sources and uses of cash as a result of operating, investing, and financing activities of a company.

Type of activities reported in statement of cash flows:

Figure (1)

To Indicate: Statement presentation of transactions.

Issue of bonds payable for cash amounted to $200,000 must be reported in the Financing activities in the statement of cash flow.

(b)

To determine

To Indicate: Statement presentation of transactions.

Purchase of equipment for cash amounted to $180,000 must be reported in the Investing activities in the statement of cash flow.

(c)

To determine

To Indicate: Statement presentation of transactions.

Sale of land for cash amounted to $20,000 must be reported in the Investing activities in the statement of cash flow.

(d)

To determine

To Indicate: Statement presentation of transactions.

Payment of cash dividend amounted to $50,000 must be reported in the Financing activities in the statement of cash flow.

Answer 6

Chapter 12, Problem 12.1BE

(a)

To determine

Statement of cash flows

Statement of cash flow is a financial statement that shows the cash and cash equivalents of a company for a particular period of time. It shows the net changes in cash, by reporting the sources and uses of cash as a result of operating, investing, and financing activities of a company.

Type of activities reported in statement of cash flows:

Figure (1)

To Indicate: Statement presentation of transactions.

Issue of bonds payable for cash amounted to $200,000 must be reported in the Financing activities in the statement of cash flow.

Answer 7

Chapter 12, Problem 12.1BE

(a)

To determine

Statement of cash flows

Statement of cash flow is a financial statement that shows the cash and cash equivalents of a company for a particular period of time. It shows the net changes in cash, by reporting the sources and uses of cash as a result of operating, investing, and financing activities of a company.

Type of activities reported in statement of cash flows:

Figure (1)

To Indicate: Statement presentation of transactions.

Issue of bonds payable for cash amounted to $200,000 must be reported in the Financing activities in the statement of cash flow.

Answer 8

(b)

To determine

To Indicate: Statement presentation of transactions.

Purchase of equipment for cash amounted to $180,000 must be reported in the Investing activities in the statement of cash flow.

Answer 9

(b)

To determine

To Indicate: Statement presentation of transactions.

Purchase of equipment for cash amounted to $180,000 must be reported in the Investing activities in the statement of cash flow.

Answer 10

(c)

To determine

To Indicate: Statement presentation of transactions.

Sale of land for cash amounted to $20,000 must be reported in the Investing activities in the statement of cash flow.

Answer 11

(c)

To determine

To Indicate: Statement presentation of transactions.

Sale of land for cash amounted to $20,000 must be reported in the Investing activities in the statement of cash flow.

Answer 12

(d)

To determine

To Indicate: Statement presentation of transactions.

Payment of cash dividend amounted to $50,000 must be reported in the Financing activities in the statement of cash flow.

Answer 13

(d)

To determine

To Indicate: Statement presentation of transactions.

Payment of cash dividend amounted to $50,000 must be reported in the Financing activities in the statement of cash flow.

Answer 14

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Answer 15

Expert Solution & Answer

Answer 16

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Answer 17

Ch. 12 - Prob. 1Q Ch. 12 - Prob. 2Q Ch. 12 - Prob. 3Q Ch. 12 - Prob. 4Q Ch. 12 - Prob. 5Q Ch. 12 - Prob. 6Q Ch. 12 - Why is it necessary to use comparative balance...Ch. 12 - Prob. 8Q Ch. 12 - Prob. 9Q Ch. 12 - Prob. 10Q

Solution Summary: The author explains that statement of cash flows shows the cash and cash equivalents of a company.

Concept explainers

Videos

To Indicate: Statement presentation of transactions.

Purchase of equipment for cash amounted to $180,000 must be reported in the Investing activities in the statement of cash flow.

To Indicate: Statement presentation of transactions.

Sale of land for cash amounted to $20,000 must be reported in the Investing activities in the statement of cash flow.

To Indicate: Statement presentation of transactions.

Payment of cash dividend amounted to $50,000 must be reported in the Financing activities in the statement of cash flow.

Want to see the full answer?

Chapter 12 Solutions

Solution Summary: The author explains that statement of cash flows shows the cash and cash equivalents of a company.

Concept explainers

Videos

To Indicate: Statement presentation of transactions. Purchase of equipment for cash amounted to $180,000 must be reported in the Investing activities in the statement of cash flow.

To Indicate: Statement presentation of transactions. Sale of land for cash amounted to $20,000 must be reported in the Investing activities in the statement of cash flow.

To Indicate: Statement presentation of transactions. Payment of cash dividend amounted to $50,000 must be reported in the Financing activities in the statement of cash flow.

Want to see the full answer?

Chapter 12 Solutions

To Indicate: Statement presentation of transactions.

Purchase of equipment for cash amounted to $180,000 must be reported in the Investing activities in the statement of cash flow.

To Indicate: Statement presentation of transactions.

Sale of land for cash amounted to $20,000 must be reported in the Investing activities in the statement of cash flow.

To Indicate: Statement presentation of transactions.

Payment of cash dividend amounted to $50,000 must be reported in the Financing activities in the statement of cash flow.