Homework 1

QUESTION 6 Which of the fotowing is considered a fnancing activity when preparing the statement of cash flows? A) cash payment for the purchase of equpment BỊ cash payment for extonding credit to others C) caah recelpt from the sale of common stock D) payment of interest on a bond issue

nu                                                                                                       messageQ&A notifications   account_circle   Business FinanceQ&A LibraryPlease classify each of the following accounts into its right category of cash flow activities.   Which of the following item(s) belong to Operation Activities? (This question may contain multiple answers)     Depreciation   Fixed assets expenses   Change in Inventories   Change in Accounts Payable   Payment of cash dividends          Change in Notes Payable   Payment of long-term debt       Change in marketable securities   Net income       Change in Account Receivables Please classify each of the following accounts into its right category of cash flow activities.   Which of the following item(s) belong to Operation Activities? (This question may contain multiple answers)     Depreciation   Fixed assets expenses   Change…

In which of the three activity categories of a statement of cash flows would each of the following items appear? Indicate for each item whether it represents a cash inflow or a cash outflow: a. Cash purchase of equipmentb. Cash collection on loansc. Cash dividends paidd. Cash dividends receivede. Cash proceeds from issuing stockf. Cash receipts from customersg. Cash interest paidh. Cash interest received

Question Content Area On the statement of cash flows, the operating activities section would include a.cash paid for the purchase of investments b.cash received from the issuance of common stock c.cash paid for cash dividends d.cash paid for interest on short-term notes payable

23 Which transaction should be included in the operating activities section of the statement of cash flows? Receipt of cash from the sale of property Payment of cash interest Receipt of cash from the sale of stock Payment of cash dividends NEXT > BOOKMARK

Classifying items on the statement of cash flows Cash flow items must be categorized into one of four categories. Identify each item as operating (O), investing (I), financing (F), or non-cash (N). a. Cash purchase of merchandise inventory b. Cash payment of dividends c. Cash receipt from the collection of long-term notes receivable d. Cash payment for income taxes e. Purchase of equipment in exchange for notes payable f. Cash receipt from the sale of land g. Cash received from borrowing money h. Cash receipt for interest income i. Cash receipt from the issuance of common stock j. Cash payment of salaries

1.  which of the following transactions will result in the increase and decrease in liability? a. payment of loan by installmentb. borrowed money from the bankc. issued a promissory note in payment of a liabilityd. request for an extension of the date of payment 2.  a statement which shows where the money of the business is obtained and used? a. statement of financial positionb. statement of cash flowsc. cash budgetd. statement of revenues and expenses

Cash received from the issuance of notes payable is a(n) ________ activity on the statement of cash flows. A operating B financing C investing D non-cash investing and financing

Classify the following into Cash Flows from- Operating Activities; Investing Activities; Financing Activities.   i. Cash sale of goods in cash ii. Cash payment to acquire fixed assets iii. Cash payments from issuing shares at a premium iv. Payment of dividend v. Interest received on Investment vi. Interest Paid on debentures vii. payment of income tax viii. Cash repayment of long term loans ix. Cash payment of salaries and wages to employees

1. Which financial statement will reflect the balance of accounts receivables? a. Cash Flow Statement b. Income Statement c. Balance Sheet d. Staternent of Retained Earnings 2. Which of the following is not an asset? a. Work in Process b. invertory c. Accounts Payable d. Land 3. The statement of cash flows would disclose the withdrawal of cash by the owners? a. In the Financing Activities Section b. In the Financing Activities Section c.In the Operating Activities Section d.In the Notes to the Financial Statements

Q3 Classify the below Transactions according to Cash Flow Section • Sale of non-current asset Payment for rent Purchase of inventory Repayment of a bank loan • Depreciation • Cash received from debtors Payments to suppliers

Choose the combination that best reflects the appropiate classification of cash received from operating, investing and financing activities: For your answer, enter either a or b or c or d.    Operating                                                                         Investing                                                                  Financing   a. Cash paid by customer                                              Sales of fixed assets                                              issuance of bonds payable   b. Dividends received                                                    cash paid by customers                                        issuance of bonds payable   c. Sale of fixed assets                                                     dividends received                                               cash paid by customers   d. Issuance of bonds payable                                        sale of operational assets                                    dividends…

In cash flow statement, opening balances of bank balance is posted in which side of the statement [A] sources of cash [B] application of cash [C] sources of funds [D] application of funds