Details of this Paper

For each cash flow, indicate whether the item increases (+) or decreases (?) cash

Description

solution


Question

o ? Operating activity (O);o ? Investing activity (I);o ? Financing activity (F);o ? Noncash investing and financing activity (NIF);For each cash flow, indicate whether the item increases (+) or decreases (?) cash. The indirect method is used to report cash flows from operating activities.;? _____ a. Cash sale of land.;? _____ b. Issuance of long-term note payable in exchange for cash.;? _____ c. Depreciation of equipment.;? _____ d. Purchase of treasury stock.;? _____ e. Issuance of common stock for cash.;? _____ f. Increase in accounts payable.;? _____ g. Net income.;? _____ h. Payment of cash dividend.;? _____ i. Decrease in accrued liabilities.;? _____ j. Loss on sale of land.;? _____ k. Acquisition of building by issuance of notes payable.;? _____ l. Payment of long-term debt.;? _____ m. Acquisition of building by issuance of common stock.;? _____ n. Decrease in accounts receivable.;? _____ o. Decrease in inventory.;? _____ p. Increase in prepaid expenses.

 

Paper#24174 | Written in 18-Jul-2015

Price : $27
SiteLock