The following material relates to the Darrow Company: Cash Flows Classification Noncash Operating Investing Financing Effect on
Question:
The following material relates to the Darrow Company:
Cash Flows Classification Noncash Operating Investing Financing Effect on Cash TransData Activity Activity Activity Increase Decrease actions
a. Net loss _______ _______ _______ _______ _______ _______
b. Increase in inventory _______ _______ _______ _______ _______ _______
c. Decrease in receivables _______ _______ _______ _______ _______ _______
d. Increase in prepaid insurance _______ _______ _______ _______ _______ _______
e. Issuance of common stock _______ _______ _______ _______ _______ _______
f. Acquisition of land, using notes payable _______ _______ _______ _______ _______ _______ g. Purchase of land, using cash _______ _______ _______ _______ _______ _______ h. Paid cash dividend _______ _______ _______ _______ _______ _______ i. Payment of income taxes _______ _______ _______ _______ _______ _______ j. Retirement of bonds, using cash _______ _______ _______ _______ _______ _______ k. Sale of equipment for cash _______ _______ _______ _______ _______ _______ Required Place an X in the appropriate columns for each of the situations.
P 10-2.
Cash Flows Classification Noncash Operating Investing Financing Effect on Cash TransData Activity Activity Activity Increase Decrease actions
a. Net income _______ _______ _______ _______ _______ _______
b. Paid cash dividend _______ _______ _______ _______ _______ _______
c. Increase in receivables _______ _______ _______ _______ _______ _______
d. Retirement of debt—paying cash _______ _______ _______ _______ _______ _______
e. Purchase of treasury stock _______ _______ _______ _______ _______ _______
f. Purchase of equipment _______ _______ _______ _______ _______ _______ Cash Flows Classification Noncash Operating Investing Financing Effect on Cash TransData Activity Activity Activity Increase Decrease actions g. Sale of equipment _______ _______ _______ _______ _______ _______ h. Decrease in inventory _______ _______ _______ _______ _______ _______ i. Acquisition of land, using common stock _______ _______ _______ _______ _______ _______ j. Retired bonds, using common stock _______ _______ _______ _______ _______ _______ k. Decrease in accounts payable _______ _______ _______ _______ _______ _______ Required Place an X in the appropriate columns for each of the situations.
Step by Step Answer:
Financial Reporting And Analysis Using Financial Accounting Information
ISBN: 9780324023534
8th Edition
Authors: Charles H Gibson