Which of the following causes a change in cash a

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87. Which of the following causes a change in cash? A. Accrual of interest payable. B. Recording of depreciation expense. C. Write-off of an uncollectible account. D. Payment of a cash dividend declared in the previous fiscal year. AACSB: Reflective Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 1 Easy Learning Objective: 21-06 Identify transactions that are classified as financing activities. Spiceland - Chapter 21 #87 Topic: Cash flows from financing activities
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88. In preparing its cash flow statement for the year ended December 31, 2013, Green Co. gathered the following data: In its December 31, 2013, statement of cash flows, what amount should Green report as net cash from financing activities? $150,000 - 76,000 = $74,000. AACSB: Analytic AICPA FN: Measurement Blooms: Apply Difficulty: 2 Medium Learning Objective: 21-06 Identify transactions that are classified as financing activities. Learning Objective: 21-08 Prepare a statement of cash flows with the aid of a spreadsheet or T-accounts. Spiceland - Chapter 21 #88 Topic: Cash flows from financing activities Topic: Preparation of the statement of cash flows
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89. During 2013, T Company engaged in the following activities: In T's statement of cash flows, what were net cash outflows from financing activities for 2013? -$48 - 452 + 60 = -$440 AACSB: Analytic AICPA FN: Measurement Blooms: Apply Difficulty: 2 Medium Learning Objective: 21-06 Identify transactions that are classified as financing activities. Learning Objective: 21-08 Prepare a statement of cash flows with the aid of a spreadsheet or T-accounts. Spiceland - Chapter 21 #89 Topic: Cash flows from financing activities Topic: Preparation of the statement of cash flows 90. Which of the following is reported as a financing activity in the statement of cash flows? AACSB: Reflective Thinking
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AICPA FN: Measurement Blooms: Understand Difficulty: 2 Medium Learning Objective: 21-06 Identify transactions that are classified as financing activities. Spiceland - Chapter 21 #90 Topic: Cash flows from financing activities 91. Which of the following is reported as a financing activity in the statement of cash flows? A. The amortization of a patent. B. The exchange of common stock for a building. C. The acquisition of long-term investments. D. The repayment of bonds issued at face value. AACSB: Reflective Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 2 Medium Learning Objective: 21-06 Identify transactions that are classified as financing activities. Spiceland - Chapter 21 #91 Topic: Cash flows from financing activities
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