Copy of Xl0000041

Copy of Xl0000041 - Alex Velasquez Professor Serrano P21-1...

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Alex Velasquez Professor Serrano P21-1 Classification of cash flows from investing and financing activities. Required. Indicate the reporting classificaition of each transaction by entering the appropr calssification code. 1 I+ 11 N 21 N 2 F+ 12 N 22 N 3 F- 13 F- 23 I- 4 N 14 X 24 X 5 I+ 15 I+ 25 F- 6 X 16 I- 26 F- 7 I- 17 I- 27 X 8 N 18 X 28 N 9 I+ 19 I+ 10 I+ 20 N P21-7 Cash flows form operating activities (direct Method) dirived from an income statement and from operating activities (indirect Method). Req. Prepare the cash flows form operating activities section of the statement of cas Direct method. Cash received from customers 316 Cash paid to supplier -150 cash paid to employees -34 Cash paid for interest -12 Cash paid for insurance -16 Cash paid for income taxes -52 Net cash flows from operating activities 52 P21-10 Relationship between the income statement and cash flows from operating cativities (Direc Req,. Complete the schedule by determining each of the following missing elements:
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Copy of Xl0000041 - Alex Velasquez Professor Serrano P21-1...

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