The following transactions and events occurred during the year. Assuming that this company uses the direct method to report cash provided by operating activities, indicate where each item would appear on its statement of cash flows.
Statement of cash flows | |||||
Operating Activities |
InvestingĀ Activities | Financing Activities |
Noncash Investing & Financing Activities |
Not Reported on Statement or in Notes |
|
Accepted Six Months Notes receiveble In Exchange of Plant Assets |
|||||
Recorded depreciation expense | |||||
Paid cash to acquire treasury stock | |||||
Collected Cash From Sale | |||||
Borrowed Cash from Bank | |||||
Paid cash to purchase paiten | |||||
Retired Long term Noted Payable by issuing common stock |
|||||
Paid cash to towards Accounts Payable |
|||||
Sold Inventory for cash | |||||
paid a cash dividend that declared last Year |
Answer”
Statement of cash flows | |||||
Operating Activities |
InvestingĀ Activities | Financing Activities |
Noncash Investing & Financing Activities |
Not Reported on Statement or in Notes |
|
Accepted Six Months Notes receiveble In Exchange of Plant Assets |
X | ||||
Recorded depreciation expense | X | ||||
Paid cash to acquire treasury stock | X | ||||
Collected Cash From Sale | X | ||||
Borrowed Cash from Bank | X | ||||
Paid cash to purchase paiten | x | ||||
Retired Long term Noted Payable by issuing common stock |
x | ||||
Paid cash to towards Accounts Payable |
x | ||||
Sold Inventory for cash | x | ||||
paid a cash dividend that declared last Year |
x |