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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
E 13-5: Comparing the Direct and Indirect Methods To compare statement of cash flows reporting under the direct and indirect methods, enter check marks to indicate which items are used with each method. STATEMENT OF CASH FLOW Cash Flows (and Related Changes) 1. Accounts Payable increase or decrease 2. Payments to employees 3. Cash collections from customers 4. Accounts Receivable increase or decrease 5. Payments to suppliers 6. Inventory increase or decrease 7. Wages payable, increase, or decrease 8. Depreciation expense 9. Net income 10. Cash flows for operating activities 11. Cash flows from investing activities 12. Cash flows from financing activities 13. Net increase or decrease in cash during the periodE 13-5: Comparing the Direct and Indirect Methods
To compare statement of cash flows reporting under the direct and indirect methods, enter check marks to indicate which items are used with each method. Â
Â
                                      STATEMENT OF    Â
                               CASH FLOW METHODS    Â
Cash Flows (and Related Changes)   Direct    Indirect    Â
1. Accounts Payable increase or decrease          Â
2. Payments to employees          Â
3. Cash collections from customers           Â
4. Accounts Receivable increase or decrease          Â
5. Payments to suppliers          Â
6. Inventory increase or decrease          Â
7. Wages payable, increase, or decrease          Â
8. Depreciation expense          Â
9. Net income           Â
10. Cash flows for operating activities           Â
11. Cash flows from investing activities           Â
12. Cash flows from financing activities          Â
13. Net increase or decrease in cash during           Â
      the period        Â
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