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Unformatted text preview: c. Step 3: d. Step 4: 1 Handout #10 for Bus321-Intermediate Accounting II Professor: Yasheng Chen 7. effects of various transactions on the cash flow statement: a. Change of account receivable with bad debt write-off b. Determining bad debt expenses c. Chang of inventory with purchase on account d. Change in long-term assets (Land, Building, Equipment, Investment) i. Financing ii. Disposal iii. Accumulated Amortization decrease iv. Loan to other companies v. Long-term equity investment e. Interest/dividend expenses and interest revenue f. Dividend payout / Dividend payable 2 Handout #10 for Bus321-Intermediate Accounting II Professor: Yasheng Chen g. Lease payment h. Future income tax expenses / benefits i. Debt Redemption Gain/Loss 8. Interpret and analyze cash flow statement 3...
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