ch12_summary - ◦ So we increase Operating Cash - Current...

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Click to edit Master subtitle style ACG 2021 Chapter 12 Summary
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Operations Income Statement Changes in Current Assets Investing Changes in Long-Term Assets Financing Changes in Long-Term Liabilities Changes in Stockholders Equity Cash Flow Sections
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Operations
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+ Depreciation, Depletion, Amortization + Loss on Sale of Asset - Gain on Sale of Asset Adjustments to Operations
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+ Current Assets Decrease Collect A/R Cash xxx A/R xxxx No Effect on Net Income
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Unformatted text preview: ◦ So we increase Operating Cash - Current Assets Increase ◦ Credit Sales A/R xxxx + Current Liabilities Increase Accrued Expenses Tax Expense xxxx Tax payable xxxx Net Income has decreased but cash hasn’t Increase Operating Cash- Current Liabilities Decrease Payment of Liability Tax Payable xxxx Current Assets & Liabilities Investing Activities Financing Activities Cash Flow...
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This note was uploaded on 09/16/2011 for the course ACG 2021 taught by Professor Hornik during the Spring '08 term at University of Central Florida.

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ch12_summary - ◦ So we increase Operating Cash - Current...

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