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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The following transactions and events occurred during the year. Assuming that this company uses the indirect method to report cash provided by operating activities, indicate where each item would appear on its statement of cash flows by placing an x in the appropriate column.
|
 |
 |
Noncash |
Not |
||
|
 |
Statement of Cash Flows |
Investing |
Reported on |
||
|
 |
Operating |
Investing |
Financing |
and Financing |
Statement |
|
 |
Activities |
Activities |
Activities |
Activities |
Or in Notes |
|
aAccounts receivable decreased in the year |
_____ |
_____ |
_____ |
_____ |
_____ |
|
bPurchased land by issuing common stock |
_____ |
_____ |
_____ |
_____ |
_____ |
|
cPaid cash to purchase inventory |
_____ |
_____ |
_____ |
_____ |
_____ |
|
dSold equipment for cash, yielding a loss |
_____ |
_____ |
_____ |
_____ |
_____ |
|
eAccounts payable decreased in the year |
_____ |
_____ |
_____ |
_____ |
_____ |
|
fIncome taxes payable increased in the year |
_____ |
_____ |
_____ |
_____ |
_____ |
|
gDeclared and paid a cash dividend |
_____ |
_____ |
_____ |
_____ |
_____ |
|
hRecorded depreciation expense |
_____ |
_____ |
_____ |
_____ |
_____ |
|
iPaid cash to settle long-term note payable |
_____ |
_____ |
_____ |
_____ |
_____ |
|
jPrepaid expenses increased in the year |
_____ |
_____ |
_____ |
_____ |
_____ |
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