Question
Brief Exercise 5-13 Ayayai Company reported 2017 net income of $154,300. During 2017, accounts receivable increased by $16,300and accounts payable increased by $9,963. Depreciation expense
Ayayai Company reported 2017 net income of $154,300. During 2017, accounts receivable increased by $16,300and accounts payable increased by $9,963. Depreciation expense was $42,600.
Prepare the cash flows from operating activities section of the statement of cash flows.(Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
AYAYAI COMPANY
Cash Flow Statement
December 31, 2017
For the Year Ended December 31, 2017
For the Quarter Ended December 31, 2017
Cash at Beginning of Period
Cash at End of Period
Cash Flows from Financing Activities
Cash Flows from Investing Activities
Cash Flows from Operating Activities
Net Cash Provided by Financing Activities
Net Cash Provided by Investing Activities
Net Cash Provided by Operating Activities
Net Cash Used by Financing Activities
Net Cash Used by Investing Activities
Net Cash Used by Operating Activities
Net Decrease in Cash
Net Increase in Cash
Increase in Accounts Receivable
Net Income
Decrease in Accounts Receivable
Depreciation Expense
Increase in Accounts Payable
Decrease in Accounts Payable
$
Adjustments to reconcile net income to
Cash at Beginning of Period
Cash at End of Period
Cash Flows from Financing Activities
Cash Flows from Investing Activities
Cash Flows from Operating Activities
Net Cash Provided by Financing Activities
Net Cash Provided by Investing Activities
Net Cash Provided by Operating Activities
Net Cash Used by Financing Activities
Net Cash Used by Investing Activities
Net Cash Used by Operating Activities
Net Decrease in Cash
Net Increase in Cash
Decrease in Accounts Receivable
Increase in Accounts Payable
Net Income
Increase in Accounts Receivable
Depreciation Expense
Decrease in Accounts Payable
$
Decrease in Accounts Receivable
Net Income
Depreciation Expense
Increase in Accounts Payable
Increase in Accounts Receivable
Decrease in Accounts Payable
Increase in Accounts Payable
Increase in Accounts Receivable
Decrease in Accounts Payable
Depreciation Expense
Decrease in Accounts Receivable
Net Income
Cash at Beginning of Period
Cash at End of Period
Cash Flows from Financing Activities
Cash Flows from Investing Activities
Cash Flows from Operating Activities
Net Cash Provided by Financing Activities
Net Cash Provided by Investing Activities
Net Cash Provided by Operating Activities
Net Cash Used by Financing Activities
Net Cash Used by Investing Activities
Net Cash Used by Operating Activities
Net Decrease in Cash
Net Increase in Cash
$
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Canadian Cases In Financial Accounting
Authors: Carol E. Dilworth, Joan E. D. Conrod
2nd Edition
256111405, 978-0256111408
