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A Statement of Cash Flows Contains the Following Sections

question 17

Essay

A statement of cash flows contains the following sections:
a. net cash flow from operating activities
b. cash flows from investing activities
c. cash flows from financing activities
d. investing and financing activities not affecting cash
A list of items that appear on the statement is provided below:
____ 1. Depreciation expense
____ 2. Proceeds from sale of land at a gain
____ 3. Decrease in accounts payable
____ 4. Conversion of bonds to common stock
____ 5. Payment of dividends, declared last fiscal year
____ 6. Proceeds from issuance of short-term note payable,
not relating to operating activities
____ 7. Loss on cash sale of equipment
____ 8. Payment for purchase of a building
____ 9. Bond premium amortization using the effective interest method
____ 10. Issuance of common stock to convert bonds payable
Required:
In the space provided, using the letters a-d), indicate in which sections) of the statement of cash flows or accompanying schedule) the preceding items would most likely be classified. After each item affecting cash, indicate with a plus sign +) or a minus sign −) whether the item would be reported as an increase inflow) or a decrease outflow).


Definitions:

Elder Maltreatment

Abuse or neglect of older individuals, often leading to physical, emotional, or financial harm.

Mobility

The ability to move or be moved freely and easily, often related to physical capabilities or social and economic opportunities.

Elder Maltreatment

Abuse, neglect, or exploitation of older individuals, often by caregivers or family members.

Caregiver

An individual who provides care for another person, often a family member or friend, who is in need of assistance due to illness, disability, or aging.

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