Concept explainers
Cash Flow Statement:
Cash flow statement is that statement in which, transaction related to cash are recorded. It is mandatory report and included in the financial statement of the company. It is divided into three parts operating activities, investing activity, and financial activity
Operating Activity:
Operating activity is the first part of the cash flow statement. The main focuses of the operating activity on the
Financial Activity:
Financial activity is the part of the cash flow statement. Financial activity involves the long term liability, borrowing and
Investing Activity:
Investing activity is the third part of the cash flow statement which gives the information related to the acquisition and disposal of the long term assets of the company such as land and building, investment and plant.
To prepare: Cash flow statement
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Chapter 12 Solutions
FINANCIAL ACCOUNTING FUNDAMENTALS W/ CO
- When using the spreadsheet for the statement of cash flows indirect method entries made on the spreadsheet are ?arrow_forwardPlease help me prepare the statement kf cash flow using the direct method. Thank youarrow_forwardPLEASE SHOW APPRIPRAITE FORMULA THAT NEEDS TO BE INSERTED COMPLETE THE STATEMENT OF CASHFLOWS(INDERECT METHOD) BY REFEREING TO THE TWO IMAGES PRESENTEDarrow_forward
- COMPLETE THE STATEMENT OF CASH FLOWS BY REFERENCING TO THE CELLS. DETERMINE THE ANSWERS BY FALLOWING THIS FORMULA SAMPLE: ='BALANCE SHEET'!C15-'BALANCE SHEET'!B15arrow_forwardFor the alternatives shown, determine the sum of the cash flows in the Z-X difference column.arrow_forwardA cash flow table is basically a two-column table, in which the first column lists the time periods and the second column lists the corresponding cash flows Select one: O True O Falsearrow_forward
- Managerial Accounting: The Cornerstone of Busines...AccountingISBN:9781337115773Author:Maryanne M. Mowen, Don R. Hansen, Dan L. HeitgerPublisher:Cengage LearningFinancial Accounting: The Impact on Decision Make...AccountingISBN:9781305654174Author:Gary A. Porter, Curtis L. NortonPublisher:Cengage LearningPrinciples of Accounting Volume 1AccountingISBN:9781947172685Author:OpenStaxPublisher:OpenStax College
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