Ch 12 Notes - ← Net Income Non Cash Expenses(Depreciation...

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Chapter 12 Notes 16/04/2007 10:03:00 Chapter 12: Statement of Cash Flows Three Sections - Operating - Investing Buying and Selling of Long Term Assets o Any equipment, Natural Resources, intangibles, etc. - Financing Bonds Payable, Common Stock, Pref. Stock, and Dividend (Cash). o As long as cash goes in and out. - Only type of Statement of Cash Flows we are going to be working with is Indirect. Statement of Cash Flows (Operating For Indirect Method)
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Unformatted text preview: ← Net Income + Non Cash Expenses (Depreciation Exp, Depletion Exp, Amort Exp, Bad Debt Exp, Warranty Exp). –– (Basically all noncash expenses) • Rules for this… o Current Assets ( Opposite, Add Decreases, Subtract Increases). o Current Liabilities ( Same, Add Increases, Subtract Decreases). ← ← ← ← ← ← 16/04/2007 10:03:00 ← 16/04/2007 10:03:00 ←...
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