Question
((((((((((((((already answered 6. Which cash flow activity focuses on current assets and current liabilities? operating activities. 7. Which cash flow activity focuses on non-current or
((((((((((((((already answered
6. Which cash flow activity focuses on current assets and current liabilities? operating activities.
7. Which cash flow activity focuses on non-current or long term assets? investing activities
8. Which cash flow activity focuses on long term liabilities and equity transactions? financing activities)))))))))))))))))))))))))
10. How are transactions that do not concern daily activities but are included in net income handled?
11. There are exceptions to # 6, 7, and 8. Which activity are transactions involving the following accounts included? Dividends payable, Dividends Received, Interest Payable, Interest Received, Interest Expense, 60 day Notes Receivable, 3 year Notes Receviable, Loss on the Sale of a Fixed Asset?
12. If not given, where do you find the current year's cash beginning balance?
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