classification of cash flow transactions

Project Description:

p 1. analyze each transaction listed in the table that follows and place x’s in the
appropriate columns to indicate the transaction’s classification and its effect on
cash flows using the indirect method.

cash flow classification effect on cash flows
transaction
operating
activity
investing
activity
financing
activity
noncash
transaction increase decrease
no
effect
1. paid a cash dividend.
2. decreased accounts
receivable.
3. increased inventory.
4. incurred a net loss.
5. declared and issued a
stock dividend.
6. retired long-term debt
with cash.
7. sold available-for-sale
securities at a loss.
8. issued stock for equipment.
9. decreased prepaid
insurance.
10. purchased treasury stock
with cash.
11. retired a fully depreciated
truck (no gain or loss).
12. increased interest payable.
13. decreased dividends
receivable on investment.
14. sold treasury stock.
15. increased income taxes
payable.
16. transferred cash to money
market account.
17. purchased land and
building with a mortgage.
Skills Required:
Project Stats:

Price Type: Negotiable

Expired
Total Proposals: 3
1 Current viewersl
11 Total views
Project posted by:

Proposals

Proposals Reputation Price offered
  • 4.8
    546 Jobs 386 Reviews
    $0 in 0 Day
  • 4.9
    73 Jobs 54 Reviews
    $0 in 0 Day