Accounting - Chapter1 StudyObjectives3&4...

Info iconThis preview shows pages 1–11. Sign up to view the full content.

View Full Document Right Arrow Icon
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
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
 4/7/11 Financial Activities Operating Activity Financing Activity Investing Activity
Background image of page 2
 4/7/11 Operating Activities Necessities required to run businesses are operating  activities. Such include: Revenue Expenses Accounts Payable  Interest Payable Notes Payable
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
 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. 
Background image of page 4
 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
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
 4/7/11 (a)  _ Operating _ Cash  received from customers.
Background image of page 6
 4/7/11 (b)  _ Financing _ Cash paid to  stockholders (dividends).
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
 4/7/11 (c)  _ Financing _ Cash  received from issuing new  common stock. 
Background image of page 8
 4/7/11 (d)  _ Operating _ Cash paid  to suppliers.
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
 4/7/11 (e)  _ Investment _ Cash paid  to purchase a new office  building.
Background image of page 10
Image of page 11
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/06/2011 for the course ACCT 2101 taught by Professor Bhan during the Summer '07 term at University of Georgia Athens.

Page1 / 13

Accounting - Chapter1 StudyObjectives3&4...

This preview shows document pages 1 - 11. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online