FINANCIAL ACCOUNTING - Eighth Edition E12-17A (5-10 min.

Solutions Manual

Learning Objectives 2, 3: Classifying transactions for the statement of cash flowsindirect method Indicate whether each of the following transactions records an operating activity, an investing activity, a financing activity, or a noncash investing and financing activity. a. b. c. d. e. f. g. h. Depreciation Expense Accumulated Depreciation Treasury Stock Cash Land Cash Equipment Cash Salary Expense Cash Furniture and Fixtures Cash Building Note Payable, Long-Term Cash Accounts Receivable Service Revenue Bonds Payable Cash Cash Common Stock Capital in Excess of Par Dividends Payable Cash Loss on Disposal of Equipment Equipment, Net Cash Long-Term Investment 11,000 11,000 7,800 7,800 83,000 83,000 19,000 19,000 24,000 24,000 24,200 24,200 159,000 159,000 50,000 9,000 59,000 47,000 47,000 74,000 11,000 63,000 17,100 17,100 1,200 1,200 6,900 6,900

i. j.

k. l. m.

Chapter 12: The Statement of Cash Flows

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FINANCIAL ACCOUNTING - Eighth Edition Solution: a. b. c. d. e. f. g. h. i. j. k. l. m.

Solutions Manual

Chapter 12: The Statement of Cash Flows

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