Accounting

Accounting - Chapter1 StudyObjectives3&4 BriefExercises3&4...

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Click to edit Master subtitle style  4/7/11 Chapter 1  Study Objectives 3 &4 Brief Exercises 3 & 4 Baron Brown  ShaTasha Harris  Accounting 2101
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 4/7/11 Financial Activities Operating Activity Financing Activity Investing Activity
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 4/7/11 Operating Activities Necessities required to run businesses are operating  activities. Such include: Revenue Expenses Accounts Payable  Interest Payable Notes Payable
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 4/7/11 Financing Activities Financing includes the borrowing of funds from outside  sources. A corporation may also obtain funds by selling shares of  stock to investors. 
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 4/7/11 Investing Activities Investing activities involve the purchase of the resources a  company needs in order to operate. These usually include  assets. Property Plant Equipment
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 4/7/11 (a)  _ Operating _ Cash  received from customers.
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 4/7/11 (b)  _ Financing _ Cash paid to  stockholders (dividends).
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 4/7/11 (c)  _ Financing _ Cash  received from issuing new  common stock. 
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 4/7/11 (d)  _ Operating _ Cash paid  to suppliers.
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 4/7/11 (e)  _ Investment _ Cash paid  to purchase a new office  building.
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Accounting - Chapter1 StudyObjectives3&4 BriefExercises3&4...

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