To compare statement of cash flows reporting under the direct and indirect methods, enter check marks to
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To compare statement of cash flows reporting under the direct and indirect methods, enter check marks to indicate which items are used with each method.
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Cash Flows (and Related Changes) 1. Accounts payable, increase or decrease 2. Payments to employees 3. Cash collections from customers 4. Accounts receivable, increase or decrease 5. Payments to suppliers 6. Inventory, increase or decrease 7. Wages payable, increase or decrease 8. Depreciation expense 9. Net income 10. Cash flows from operating activities 11. Cash flows from investing activities 12. Cash flows from financing activities 13. Net increase or decrease in cash during the period STATEMENT OF CASH FLOWS METHOD Direct Indirect
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Related Book For
Financial Accounting
ISBN: 9781264229734
11th Edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
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