accounting ch.12 prct

accounting ch.12 prct - Chapter 12: Cash Flow Lab Practice...

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Chapter 12: Cash Flow Lab Practice General Notes: Formula for cash flow is derived from the Balance Sheet formula Assets = Liabilities + Stockholders’ Equity Or can use a chart to know when to add or subtract Concept: Navigating through the various sections of the cash flow statement M12-2 Matching Items Reported to Cash Flow Statement Categories (Indirect Method) (edited) Items included in the Buckle’s 2008 statement of cash flows presented using the indirect method are listed here. Indicate whether each item is disclosed in the operating activities (O), investing activities (I), or financing activities (F) section of the statement or (NA) if the item does not appear on the statement. Variation: Add or Subtract ________1. Purchase of investments. ________2. Proceeds from issuance of stock. ________3. Purchase of property and equipment. ________4. Depreciation. ________5. Accounts payable (decrease). ________6. Inventories (increase). M12-3 Determining the Effects of Account Changes on Cash Flows from Operating Activities (Indirect Method) Indicate whether each item would be added (+) or subtracted (–) in the computation of cash flow from operating activities using the indirect method. Variation: Operating, Financing or Investing _______ 1. Depreciation. _______ 2. Inventories (decrease). _______ 3. Accounts payable (increase)( changed from original problem) _______ 4. Accounts receivable (increase). _______ 5. Accrued liabilities (increase). Concept: Navigating through the various sections (Attention to detail) M12-6 Computing Cash Flows from Investing Activities Based on the following information, compute cash flows from investing activities
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This note was uploaded on 01/19/2011 for the course ACC 2013 taught by Professor Noe during the Spring '08 term at Texas San Antonio.

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accounting ch.12 prct - Chapter 12: Cash Flow Lab Practice...

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