View
- Term
- Definition
- Both Sides
Study
- All (22)
Shortcut Show
Next
Prev
Flip
ACC 221: CASH FLOW
Issuance of Common Stock |
Source >>>Financing Activity
|
• Issuance of Note payable Long-term |
source >>> Financing Activity
|
Buy Land |
USE >>>> INVESTING ACTIVITY
|
Buy Equipment |
USE >>>>>>>> INVESTING ACTIVITY
|
Paying Dividends to Stockholders |
USE >>>>>> FINANCING ACTIVITY
|
Buy Supplies |
USE >>>>> OPERATING ACTIVITY
|
Pay Rent |
USE >>>>> OPERATING ACTIVITY
|
Pay Wages |
USE >>>>> OPERATING ACTIVITY
|
Collect Revenue |
SOURCE>>>>> OPERATING ACTIVITY
|
Pay Interest to bank |
USE >>>>> OPERATING ACTIVITY
|
Depreciation |
SOURCE>>>>> OPERATING ACTIVITY
|
• Asset Line Items—Rules for assigning an S or a U to the change |
Decreases Source of cash
Increases Use of cash
|
• Liability and Equity Line Items—Rules for assigning an S or a U to the change |
Increases Source of cash
Decrease >>>> Use
|
Operating Activities |
cash in and out flows resulting from transactions affecting Net Income, revenue or expense accounts
|
Contra-Asset Line Items—Rules for assigning an S or a U to a change |
increases (becomes more negative) Source of Cash
o decreases (becomes less negative Use of Cash
|
Investing Activities |
cash in and out flows resulting from the purchase or sale of long-lived productive assets (primarily fixed assets)
|
Financing Activities: |
cash in and out flows resulting from transactions with owners, or borrowing on notes/bonds/mortgages etc. from creditors
|
TREASURY STOCK |
USE>>>>>> financing activity
|
merchandise inventory |
operating
|
PrePaid Insurance |
operating
|
gain/loss on sale of land *one in equity |
gain U<<>>>>LOSS S>>>>>>Operating
|
Sell land |
source and investment
|