FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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ent of cash fiows using the
uO jpadde pinomA Ua
column(s). (More than one column may be used.)
Noncash
Investing &
Financing
Activities
Statement of Cash Flows
Not Reported
on Statement
or in Notes
Operating
Activities
Investing
Activities
Financing
Activities
a. Paid cash to settle long-term notes payable
b. Prepaid expenses increased in the year
c. Issued common stock for cash
d. Accounts receivable decreased in the year
e. Inventory increased in the year
f. Purchased equipment by issuing a note
g. Accounts payable decreased in the year
h. Purchased a trademark with cash.
i. Income taxes payable increased in the year
j. Sold merchandise to customer for cash
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Transcribed Image Text:ent of cash fiows using the uO jpadde pinomA Ua column(s). (More than one column may be used.) Noncash Investing & Financing Activities Statement of Cash Flows Not Reported on Statement or in Notes Operating Activities Investing Activities Financing Activities a. Paid cash to settle long-term notes payable b. Prepaid expenses increased in the year c. Issued common stock for cash d. Accounts receivable decreased in the year e. Inventory increased in the year f. Purchased equipment by issuing a note g. Accounts payable decreased in the year h. Purchased a trademark with cash. i. Income taxes payable increased in the year j. Sold merchandise to customer for cash
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