Question

In: Accounting

Please match the term with the explanation. Each term and each explanation is used only once....

Please match the term with the explanation. Each term and each explanation is used only once.

Question 1 options:

Non-cash expense that is added as an adjustment under the indirect method

Starts with net income and adjusts it to net cash provided by operating activities

Cash inflow from investing activities

Reports cash receipts and cash payments that increase or decrease long-term assets

Reports on a business’s cash receipts and cash payments for a period of time

Cash receipts and cash payments of a business

Calculated by combining the net cash flows from operating activities, net cash flows from investing activities and net cash flows from financing activities

Cash outflow from financing activities

Report cash inflows and outflows involved in long-term liabilities and equity

Cash inflow from financing activities

Cash outflow from investing activities

Purchase of equipment financed by a long term note

Reports on activities that create revenue or expense
1.

Statement of Cash Flows
2.

Cash flows
3.

Operating activities section
4.

Investing activities section
5.

Financing activities section
6.

Non-cash investing and financing activities
7.

Indirect method
8.

Depreciation expense
9.

Increase (decrease) in cash
10.

Sale of equipment
11.

Purchase of a building
12.

Issue stock for cash
13.

Payment of dividends

Solutions

Expert Solution

ekkarill92 answered 2 years ago
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