16 Indicate whether the following will have a positive or negative EFFECT ON CASH A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement A negative effect could also be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement For an answer, either write positive or negative d The Loss on the Sale of Equipment 17 Indicate whether the following will have a positive or negative EFFECT ON CASH A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement A negative effect could also be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement For an answer, either write positive or negative e A decrease in Accounts Payable 18 Indicate whether the following will have a positive or negative EFFECT ON CASH A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement A negative effect could also be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement For an answer, either write positive or negative f An increase in Accounts Receivable 19 Indicate whether the following will have a positive or negative EFFECT ON CASH A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement A negative effect could also be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement For an answer, either write positive or negative g An increase in the current liability Warranty Liability 20 Indicate whether the following will have a positive or negative EFFECT ON CASH A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement A negative effect could also be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement For an answer, either write positive or negative h Dividends declared and paid 21 Indicate whether the following will have a positive or negative EFFECT ON CASH A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement A negative effect could also be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement For an answer, either write positive or negative i Proceeds from the issuance of Preferred Stock 22 Indicate whether the following will have a positive or negative EFFECT ON CASH A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement A negative effect could also be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement For an answer, either write positive or negative j The Gain on the Sale of Equipment formerly used in the business 23 Using the indirect method, the increase in accumulated depreciation is added to net income in the operating section True False 24 25 Interest and dividends from investments held by a company are reported as a cash inflows from investing activities on the statement of cash flows True False

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Question: 16. Indicate whether the following will have a positive or negative EFFECT ON CASH. A positive effect could also be thought of as a source

16. Indicate whether the following will have a positive or negative EFFECT ON CASH.

A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement. A negative effect could also be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement. For an answer, either write "positive" or "negative".

d. The Loss on the Sale of Equipment?

17. Indicate whether the following will have a positive or negative EFFECT ON CASH.

e. A decrease in Accounts Payable?

18. Indicate whether the following will have a positive or negative EFFECT ON CASH.

f. An increase in Accounts Receivable?

19. Indicate whether the following will have a positive or negative EFFECT ON CASH.

g. An increase in the current liability Warranty Liability.

20. Indicate whether the following will have a positive or negative EFFECT ON CASH.

h. Dividends declared and paid.

21. Indicate whether the following will have a positive or negative EFFECT ON CASH.

i. Proceeds from the issuance of Preferred Stock?

22. Indicate whether the following will have a positive or negative EFFECT ON CASH.

j. The Gain on the Sale of Equipment formerly used in the business?

23. Using the indirect method, the increase in accumulated depreciation is added to net income in the operating section. True/False.

24.

25. Interest and dividends from investments held by a company are reported as a cash inflows from investing activities on the statement of cash flows. True/False.

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