IO Chapter 14,P7 Cash Flow Classification Effect on Cash operating Investing Financing NoncashSoure use Activity Activity...
the her place in the a PL chance s cathed the Operating Activity Cash Flow Classification wing anong Noncash Activity Activity Transaction increase Transaction 1. Pada cash dividend 22 Decreased accounts Increased inventory incurred a neto 5. Dedared and issued 6. R ed long terdebt Said available for sale Chapt ers Cash Flow Clasfication Operating Investing Financing Activity Activity Activity North Transaction 9. Decreased prepaid 10 Purchased treasury stock with cash 11 Retired a fully depreciated truck no gain or...
P 10-2 Cash Flows Classification Operating Investing Financing Effect on Cash Activity Activity Activity Increase Decrease Data a. Net income b. Paid cash dividend c. Increase in receivables d. Retirement of debt-paying cash Purchase of treasury stock Purchase of equipment e. f. Cash Flows Classification Operating Investing Financing Noncash Effect on Cash Trans- Decrease actions Data Activity Activity Activity Increase Sale of equipment Decrease in inventory Acquisition of land, using common stock Retired bonds, using common stock Decrease in accounts...
For Impact on Cash Flow column, please fill in Financing,Operation or Investing Indicate the effects of the transactions listed in the following table on total current assets, current ratio, net income and cash flow. Use (+) to indicate an increase, (-) to indicate a decrease, and (0) to indicate either no effect or an indeterminate effect. Be prepared to state any necessary assumptions and assume an initial current ratio of more than 1.0 Total Current Current Ratio Effect on Net...
QS 12-1 Transaction classification by activity LO C1 Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Paid cash for property taxes on building. 2. Received cash dividends from investments. 3. Paid accounts payable with cash. 4. Sold stock investments for cash. 5. Paid cash for a building. 6. Cash paid to purchase long-term investments. 7. Received cash from long-term debt issuance. Issued preferred stock for cash. 9. Issued common stock for cash....
Tabares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity. (a) Issued $50,000 par value common stock for cash. (b) Purchased a machine for $30,000, giving a long-term note in exchange. (c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. (d) Declared and paid a cash dividend of $18,000. (e) Sold a long-term investment with a cost...
Exercise 12-1 Indirect: Cash flow classification LO C1 The following transactions and events occurred during the year. Assuming that this company uses the indirect method to report cash provided by operating activities, select where each item would appear on its statement of cash flows. a.Purchased treasury stock with cashb.Prepaid expenses increased in the yearc.Retired bonds payable by issuing stockd.Purchased a building with cashe.Sold land in return for cashf.Paid cash to settle long-term note payableg.Purchased a trademark with cashh.Issued common stock for cashi.Purchased...
Need Impact of the Cash Flows for the above questions (Financing, Operations, Investment)? Thank You! 1) Cash is acquired through issuance of additional Common Stock Merdiauise is suuCas 3) 4) 5) 6) Ty 8) 9) 10) A fixed asset is sold for less than the book value A fixed asset is sold for more than the book value Merchandise is sold on Credit Payment is made to trade creditors for previous purchases A cash dividend is declared and paid Short...
Cashflow 3) Look at the transactions below What impact do the transaction would have on the cashflow statement at year-end - a) indicate which section of the cashflow statement the transaction would be in: -(i) operating activity (ii) investing activity (iii) financing activity (iv) non-cash transaction or (v) not in the cashflow at all. Indicate if the entry would have a positive impact on the change in cash at year-end (ie, be added back to net income in the cashflow...
Cashflow 3) Look at the transactions below What impact do the transaction would have on the cashflow stateme a) indicate which section of the cashflow statement the transaction would be in: -(i) operating activity (ii) investing activity (iii) financing activity (iv) non-cash transaction or (v) not in the cashflow at all. Indicate if the entry would have a positive impact on the change in cash at year-end (i.e. be added back to net income in the cashflow statement) (INC) b)...
Preparing the Cash Flow from Financing Activities Section Gomez Corp. reported the following items for the year ended December 31, 2020. Item Dec 31, 2020 Purchased an investment in debt securities (long-term) for cash $ 30,000 Sold equipment for cash, previously used in operations 25,000 Paid cash for dividends 10,000 Issued common stock for cash 100,000 Retired a 10-year bond payable by repaying the face value at maturity 80,000 Sold investment in equity securities (held for one-year) 11,000 Borrowed cash...