Collected cash from sale of equipment | Investing activities | ||||||||
collected cash from customers on account | operating activities | ||||||||
collected dividends on investments is securities | operating activities | ||||||||
converted preffered stock to common stock | noncash investing & financing activity | ||||||||
paid cash to purchase inventory | operating activities | ||||||||
paid cash to retire bonds payable | financing activities | ||||||||
paid cash dividend to shareholders | financing activities | ||||||||
paid cash to purchase a patent | Investing activities | ||||||||
borrowed cash from bank by signing a long term note payable | financing activities | ||||||||
paid cash to purchase long term investment securities | Investing activities | ||||||||
paid employees for salaries & wages | operating activities | ||||||||
paid interest on bonds payable | operating activities |
JULIUCULTICserIDUUNIS Sed Help Save & Exit Slide 10 10 of 13 chapter 12: Reporting Cash Flows...
QUESTION 7 The appropriate section in the statement of cash flows for reporting the net income is: o Operating activities, O Financing activities. O Investing activities. O Schedule of noncash investing or financing activity O This is not reported on the statement of cash flows. QUESTION 8 The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is Operating activities. O Financing activities. O Investing activities. Schedule of noncash investing or financing...
The appropriate section in the statement of cash flows for reporting the net income is: The appropriate section in the statement of cash flows for reporting the net income is: Operating activities. Financing activities, Investing activities. Schedule of noncash investing or financing activity. This is not reported on the statement of cash flows.
The appropriate section in the statement of cash flows for reporting the depreciation is The appropriate section in the statement of cash flows for reporting the depreciation is O Operating activities. Financing activities. OInvesting activities. O Schedule of noncash investing or financing activity This is not reported on the statement of cash flows.
The appropriate section in the statement of cash flows for reporting the payment of long-term debt is O Operating activities. O Financing activities O Investing activities. O Schedule of noncash investing or financing activity. O This is not reported on the statement of cash flows.
whats right answer? The appropriate section in the statement of cash flows for reporting the purchase of a new building is O Operating activities. O Financing activities. Investing activities. O Schedule of noncash investing or financing activity. O This is not reported on the statement of cash flows.
The appropriate section in the statement of cash flows for reporting the cash payment of wages is: O A. Investing Activities B. Schedule of noncash investing or financing activities O C. Financing Activities OD. Operating Activities
Which of the following is true regarding the statement of cash flows and IFRS? Cash and cash equivalents are defined differently under IFRS than under GAAP. Under IFRS most companies choose to use the direct method of reporting cash flows from operating activities. Companies preparing a complete set of financial statements under IFRS may exclude the statement of cash flows if the cash flow activity is reported in the notes to the financial statements. Under IFRS noncash investing and financing...
Exercise 4-16 (Algo) Statement of cash flows; directly from transactions (L04-8] The following transactions occurred during March 20 21 for the Wainwright Corporation. The company owns and operates a wholesale warehouse 1. Issued 39,000 shares of common stock in exchange for $390,000 in cash. 2 Purchased equipment at a cost of $58,000 $19.000 cash was paid and a note payable to the seller was signed for the balance owed 3. Purchased Inventory on account at a cost of $108,000. The...
Wages paid in cash are shown in which section of the statement of cash flows? Multiple Choice O Investing activities. Schedule of noncash investing or financing activity. O Financing activities. This is not reported on the statement of cash flows. Operating activities.
Required information The purpose of the statement of cash flows is to report major cash receipts and cash payments related to operating, investing, or financing activities. Operating activities include transactions and events that determine net income. Investing activities include transactions and events that mainly affect long-term assets. Financing activities include transactions and events that mainly affect long-term liabilities and equity. Noncash investing and financing activities must be disclosed In either a note or a separate schedule to the statement of...