Financial Accounting: Tools for Business Decision Making, 8th Edition
8th Edition
ISBN: 9781118953808
Author: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Publisher: WILEY
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Chapter 12, Problem 12.1E
To determine
Introduction:
Statement of cash flows
Statement of cash flow is a financial statement that shows the cash and cash equivalents of a company for a particular period of time. It shows the net changes in cash, by reporting the sources and uses of cash as a result of operating, investing, and financing activities of a company.
Type of activities reported in statement of cash flows:
Figure (1)
To Classify: Transactions by type of activity in statement of cash flows.
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Kiley corporation had these transactions during 2022. Indicate whether each transactions is an operating activity, investing activity, financing activity, or noncash investing and financing activity (a) purchased a machine for $30000, giving a long term note in exchange (b) issued $50,par value common stock for cash(c) issued $200000 par value common stock upon conversion of bonds having face value of $20000 (d) declared and paid a cash dividend of $13000 (e) sold a long term with a cost of $15000 for $15000 cash (f) collected $16000 from sale of good (g) paid $18000 to suppliers
Kiley Corporation had these transactions during 2022.Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity.
(a)
Purchased a machine for $30,000, giving a long-term note in exchange.
select an option
(b)
Issued $50,000 par value common stock for cash.
select an option
(c)
Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.
select an option
(d)
Declared and paid a cash dividend of $13,000.
select an option
(e)
Sold a long-term investment with a cost of $15,000 for $15,000 cash.
select an option…
Tabares Corporation had these transactions during 2020.Indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity.
(a)
Issued $50,000 par value common stock for cash.
select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity
(b)
Purchased a machine for $30,000, giving a long-term note in exchange.
select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity
(c)
Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.
select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity
(d)
Declared and paid a cash dividend…
Chapter 12 Solutions
Financial Accounting: Tools for Business Decision Making, 8th Edition
Ch. 12 - Prob. 1QCh. 12 - Prob. 2QCh. 12 - Prob. 3QCh. 12 - Prob. 4QCh. 12 - Prob. 5QCh. 12 - Prob. 6QCh. 12 - Why is it necessary to use comparative balance...Ch. 12 - Prob. 8QCh. 12 - Prob. 9QCh. 12 - Prob. 10Q
Ch. 12 - Prob. 11QCh. 12 - Prob. 12QCh. 12 - Prob. 13QCh. 12 - Prob. 14QCh. 12 - Prob. 15QCh. 12 - Prob. 16QCh. 12 - Prob. 17QCh. 12 - Prob. 18QCh. 12 - Prob. 19QCh. 12 - Prob. 20QCh. 12 - Prob. 21QCh. 12 - Prob. 22QCh. 12 - Prob. 12.1BECh. 12 - Prob. 12.2BECh. 12 - Prob. 12.3BECh. 12 - Prob. 12.4BECh. 12 - Prob. 12.5BECh. 12 - Prob. 12.7BECh. 12 - Prob. 12.8BECh. 12 - Prob. 12.9BECh. 12 - Prob. 12.10BECh. 12 - Prob. 12.11BECh. 12 - The management of Uhuru Inc. is trying to decide...Ch. 12 - Prob. 12.13BECh. 12 - Prob. 12.14BECh. 12 - Prob. 12.15BECh. 12 - Prob. 12.1DIECh. 12 - Prob. 12.2ADIECh. 12 - Prob. 12.2BDIECh. 12 - Prob. 12.3DIECh. 12 - Prob. 12.1ECh. 12 - Prob. 12.2ECh. 12 - Prob. 12.3ECh. 12 - Prob. 12.4ECh. 12 - Prob. 12.5ECh. 12 - Prob. 12.6ECh. 12 - Prob. 12.7ECh. 12 - Prob. 12.8ECh. 12 - Prob. 12.9ECh. 12 - Prob. 12.10ECh. 12 - Prob. 12.11ECh. 12 - Prob. 12.12ECh. 12 - Prob. 12.13ECh. 12 - Prob. 12.14ECh. 12 - Prob. 12.15ECh. 12 - Prob. 12.1APCh. 12 - Prob. 12.2APCh. 12 - Prob. 12.3APCh. 12 - Prob. 12.4APCh. 12 - Prob. 12.5APCh. 12 - Prob. 12.6APCh. 12 - Prob. 12.7APCh. 12 - Prob. 12.8APCh. 12 - Prob. 12.9APCh. 12 - Prob. 12.10APCh. 12 - Prob. 12.11APCh. 12 - Prob. 12.12APCh. 12 - Prob. 12.1EYCTCh. 12 - Prob. 12.2EYCTCh. 12 - Prob. 12.3EYCTCh. 12 - Prob. 12.7EYCTCh. 12 - Prob. 12.8EYCTCh. 12 - Prob. 12.9EYCTCh. 12 - Prob. 12.1IFRSCh. 12 - Prob. 12.2IFRSCh. 12 - Prob. 12.3IFRS
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