ACC 206 Week 2 E14 13
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Description
ACC 206 Week 2 E14-13
E14-13 Classifying items on the indirect statement of cash flows [510 min]
The cash flow statement categorizes like transactions for optimal reporting.
Requirement
- Identify each of the following transactions as one of the following:
Operating activity (O)
Investing activity (I)
Financing activity (F)
Noncash investing and financing activity (NIF)
Transaction that is not reported on the statement of cash flows (N)
For each cash flow, indicate whether the item increases (+) or decreases () cash. The indirect method is used to report cash flows from operating activities.
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02/19/2013
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E14-13- Classifying cash flow statement - ACC206 - Principles of Accounting II AU.doc
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