The following are several transactions and events that might be disclosed on a companys statement of cash flows:1. Issuance of common stock 2. Purchase of building 3. Net income 4. Increase in accounts receivable 5. Depreciation expense 6. Sale of land at cost7. Conversion of bonds to common stock 8. Increase in accounts payable9. Payment of cash dividends10. Issuance of

Chapter 22, Exercises #1

The following are several transactions and events that might be disclosed on a company’s statement of cash flows:
1. Issuance of
2. Purchase of building
3. Net income
4. Increase in
5. Depreciation expense
6. Sale of land at cost
7. Conversion of bonds to
8. Increase in accounts payable
9. Payment of cash dividends
10. Issuance of a stock dividend
Required
Identify in which section (if any) of the statement of cash flows each of the preceding items would appear and indicate whether it would be an inflow (addition) or outflow (subtraction).

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...