'Cash paid' presentation slideshows

Long-Term Liabilities

Long-Term Liabilities. Chapter 13. Objective 1. Account for bonds payable. Bonds: An Introduction. Groups of notes payable issued to multiple lenders Principal (maturity value, par value) Maturity date Stated interest rate. Types of Bonds.

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The Statement of Cash Flows Revisited

The Statement of Cash Flows Revisited. 21. Chapter 21. Statement of Cash Flows Revisited. CASH INFLOWS. Operating Activities. Investing Activities. Financing Activities. Sale of operational assets Sale of investments Collections of loans. Issuance of stock Issuance of bonds and notes.

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????????????? (Statement of Cash Flows)

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Operational Assets: Acquisition

Operational Assets: Acquisition. Operational Assets: Actively used in operations Expected to produce future benefits Tangible or intangible. Acquisition Costs (costs capitalized to the asset account rather than to an expense of the period).

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Operational Assets: Acquisition

Operational Assets: Acquisition. Operational Assets: Actively used in operations Expected to produce future benefits Tangible or intangible. Acquisition Costs (costs capitalized to the asset account rather than to an expense of the period).

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Reporting and Analyzing Cash Flows

Reporting and Analyzing Cash Flows. Chapter 17. Purposes of the Statement of Cash Flows. Designed to fulfill the following: predict future cash flows evaluate management decisions determine the ability to pay dividends plus interest and principal

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CHAPTER SIX APPENDIX

CHAPTER SIX APPENDIX. STATEMENT OF CASH FLOWS. STATEMENT OF CASH FLOWS. Fourth financial statement Explains... what the business did to generate cash and how the cash was used Categorizes all cash transactions into three types: Operating, Investing, and Financing. OPERATING ACTIVITIES.

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Exam 1 - Review

Exam 1 - Review. Chapter 1-4. Getting Started in Business. Nature of Business Activities Financing Borrow Note Payable Account Payable Bond Payable Issue Common Stock Investing Purchase Assets: inventory, equipment, land, building Operating Sell your product Revenue and expenses.

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College Accounting, by Heintz and Parry

College Accounting, by Heintz and Parry. Chapter 24: Statement of Cash Flows.

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ADJUSTING ACCOUNTS AND PREPARING FINANCIAL STATEMENTS

Chapter 3. ADJUSTING ACCOUNTS AND PREPARING FINANCIAL STATEMENTS. The Accounting Period. C 1. Accrual Basis versus Cash Basis. C 2. Cash Basis Revenues are recognized when cash is received and expenses are recorded when cash is paid. Accrual Basis

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COMPLETING THE ACCOUNTING CYCLE

COMPLETING THE ACCOUNTING CYCLE. ACT 2112 KUMPULAN 8 SHERLIZA PUAT NELSON. Content. Accrual accounting Adjusting entries Closing the books Summary of the accounting cycle Adjusting entries: Original entries to expense or revenue. Accounting Cycle. Step 1- Analyse transaction

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ACC 206 Week 1 Assignment Chapter 1 Problems

ACC 206 Week 1 Assignment Chapter 1 Problems Purchase here http://chosecourses.com/acc-206-week-1-assignment-chapter-1-problems Description ACC 206 Week 1 Assignment Chapter 1 Problems Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed? Chapter 1 Exercise 1: 1. Classification of activities Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity. and so on... Chapter 1 Exercise 4: 4. Overview of direct and indirect methods Evaluate the comments that follow as being True or False. If the comment is false, briefly explain why. a. Both the direct and indirect methods will produce the same cash flow from operating activities. b. Depreciation expense is added back to net income when the indirect method is used. c. One of the advantages of using the direct method rather than the indirect method is that larger cash flows from financing activities will be reported. d. The cash paid to suppliers is normally disclosed on the statement of cash flows when the indirect method of statement preparation is employed. e. The dollar change in the Merchandise Inventory account appears on the statement of cash flows only when the direct method of statement preparation is used. Chapter 1 Exercise 6: 6. Equipment transaction and cash flow reporting New equipment purchased during 20x4 totaled $280,000. The 20x4 income statement disclosed equipment depreciation expense of $41,000 and a $9,000 loss on the sale of equipment. a. Determine the cost and accumulated depreciation of the equipment sold during 20X4. b. Determine the selling price of the equipment sold. c. Show how the sale of equipment would appear on a statement of cash flows prepared by using the indirect method. Chapter 1 Problem 3: 3. Cash flow information: Direct and indirect methods The comparative year-end balance sheets of Sign Graphics, Inc., revealed the following activity in the company's current accounts:

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ACC 206 Week 1 Assignment Chapter 1 Problems

ACC 206 Week 1 Assignment Chapter 1 Problems Purchase here http://chosecourses.com/acc-206-week-1-assignment-chapter-1-problems Description ACC 206 Week 1 Assignment Chapter 1 Problems Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed? Chapter 1 Exercise 1: 1. Classification of activities Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity. and so on... Chapter 1 Exercise 4: 4. Overview of direct and indirect methods Evaluate the comments that follow as being True or False. If the comment is false, briefly explain why. a. Both the direct and indirect methods will produce the same cash flow from operating activities. b. Depreciation expense is added back to net income when the indirect method is used. c. One of the advantages of using the direct method rather than the indirect method is that larger cash flows from financing activities will be reported. d. The cash paid to suppliers is normally disclosed on the statement of cash flows when the indirect method of statement preparation is employed. e. The dollar change in the Merchandise Inventory account appears on the statement of cash flows only when the direct method of statement preparation is used. Chapter 1 Exercise 6: 6. Equipment transaction and cash flow reporting New equipment purchased during 20x4 totaled $280,000. The 20x4 income statement disclosed equipment depreciation expense of $41,000 and a $9,000 loss on the sale of equipment. a. Determine the cost and accumulated depreciation of the equipment sold during 20X4. b. Determine the selling price of the equipment sold. c. Show how the sale of equipment would appear on a statement of cash flows prepared by using the indirect method. Chapter 1 Problem 3: 3. Cash flow information: Direct and indirect methods The comparative year-end balance sheets of Sign Graphics, Inc., revealed the following activity in the company's current accounts:

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