Operating activity (O) Investing activity (I) Financing activity (F) Noncash investing and financing activity (NIF) by issuance of note payable payable to borrow cash. issuance of common stock. Transaction that is not reported on the statement of cash flows O+ a. Loss on sale of land I+ i. Cash sale of land NIF b. Acquisition of equipment F+ j. Issuance of lon-term note F-c. Payment of long-term debt. O+ k. Depreciation. NIF d. Acquisition of building by F-l. Purchase of treasury stock. O+ e. Increase in salary payable F+ m. Issuance of common stock O+ f. Decrease in inventory O+ n. Increase in accounts payable O-g. Increase in prepaid expenses O+ o. Net income O-h. Decrease in accrued liabilities. F-p. Payment of cash dividend.
Johnson, Inc. Statement of Cash Flow Year Ended December 31, 2012 Cash flows from operating activities: Net income $70,500.00 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation $25,000.00 Gain on sale of building
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