Accounting 102 Discussion Questions
Instructions
1. What are the major advantages of the indirect method of
reporting cash flows from operating activities?
2. A corporation issued $200,000 of common stock in
exchange for $200,000 of fixed assets. Where would this
transaction be reported on the Statement of Cash Flows?
3. A corporation issued $5,000,000 of 20 year bonds for
cash at 105. How would the transaction be reported on the
Statement of Cash Flows?
4. Is depreciation a source of cash flow?
5. When astatement of cash flows is prepared using the direct method, what are some of the operating cash flows?

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Accounting 102 Discussion Questions
Instructions
1. What are the major advantages of the indirect method of
reporting cash flows from operating activities?
2. A corporation issued $200,000 of common stock in
exchange for $200,000 of fixed assets. Where would this
transaction be reported on the Statement of Cash Flows?
3. A corporation issued $5,000,000 of 20 year bonds for
cash at 105. How would the transaction be reported on the
Statement of Cash Flows?
4. Is depreciation a source of cash flow?
5. When astatement of cash flows is prepared using the direct method, what are some of the operating cash flows?

"Are you looking for this answer? We can Help click Order Now"

UK BEST WRITING