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Chapter 14: The Statement of Cash Flows

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Horngren'S Financial And Managerial Accounting
Pages: 732 - 799

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82 Questions for Chapter 14: The Statement of Cash Flows

  1. Preparing a statement of cash flows using the direct method Jelly Bean, Inc. began 2018 with cash of $58,000. During the year, Jelly Bean earned revenue of $595,000 and collected $614,000 from customers.Expenses for the year totaled $427,000, of which Jelly Bean paid $212,000 in cash to suppliers and $205,000 in cash to employees. Jelly Bean also paid $148,000 to purchase equipment and a cash dividend of $57,000 to its stockholders during 2018. Prepare the company’s statement of cash flows for the year ended December 31, 2018. Format operating activities by the direct method.

    Found on Page 772
  2. Preparing operating activities using the direct method Amy’s Learning Center has assembled the following data for the year ended June 30, 2018:

    Found on Page 732
  3. Preparing the direct method statement of cash flows Use the data in Short Exercise S14A-12 and your results. Prepare the business’s complete statement of cash flows for the year ended June 30, 2018, using the direct method for operating activities

    Found on Page 732
  4. Question: Classifying items on the statement of cash flows Cash flow items

    Found on Page 769
  5. Preparing the direct method statement of cash flows Red Toy Company reported the following comparative balance sheet:

    Found on Page 732
  6. Using a spreadsheet to complete the statement of cash flows— indirect method

    Found on Page 732
  7. Classifying cash flow items Consider the following transactions:

    Found on Page 732
  8. Classifying transactions on the statement of cash flows—indirect method Consider the following transactions:

    Found on Page 732
  9. Computing operating activities cash flow—indirect method

    Found on Page 732
  10. Computing operating activities cash flow—indirect method

    Found on Page 732

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