Loose Leaf for Financial Accounting: Information for Decisions
Loose Leaf for Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158762
Author: John J Wild
Publisher: McGraw-Hill Education
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Chapter 12, Problem 16E
Summary Introduction

Concept Introduction:

The statement shows cash flows under three different types of business activities; operating activities, investing activities, and financing activities. The operating activities section of the statement can be prepared using the direct or indirect method. Under the direct method the cash inflow and outflow from different operating activities are presented in the form of the statement and net operating cash flow is calculated by summing up all the operating cash inflow and outflows.

To prepare:the operating activity section of the statement of cash flow using the direct method.

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Loose Leaf for Financial Accounting: Information for Decisions

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The KEY to Understanding Financial Statements; Author: Accounting Stuff;https://www.youtube.com/watch?v=_F6a0ddbjtI;License: Standard Youtube License