Determining Financial Effects of Transactions Affecting Current Liabilities with Discussio...

Determining Financial Effects of Transactions Affecting Current Liabilities with Discussion of Cash Flow Effects (P9-3)

Using data from problem AP9-1. complete the following requirements.

Required:

1. For each transaction (including adjusting entries) listed in the previous problem, indicate the effects (e.g., cash or — ) using the following schedule:

2. For each transaction, state whether cash flow from operating activities is increased or decreased or whether there is no effect.