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A financial report that lists the cash inflows and outflows for an accounting period, and that classifies those cash flows as operating activities, investing activities, and financing activities. Transactions resulting from the production or purchase of merchandise and the sale of goods or services to customers, including expenditures related to administering the business. Transactions resulting from making and collecting loans or that involve purchasing and selling plant assets, other productive assets, or investments other than cash equivalents. 1. Indirect Method 2. Operating Activities Transactions with a 3. Statement of Cash Flows company's owners and creditors which include getting cash from issuing debt and repaying the amounts borrowed, and getting cash from or distributing cash to owners. 4. Financing Activities 5. Direct Method 6. Investing Activities A calculation of the net cash provided or used by operating activities that lists the major classes of operating cash receipts, such as receipts from customers, and subtracts the major classes of operating cash disbursements, such as cash paid for merchandise. A calculation that reports net income and then adjusts the net income amount by adding and subtracting items that are necessary to yield net cash provided or used by operating activities.

A financial report that lists the cash inflows and outflows for an accounting period, and that classifies those cash flows as operating activities, investing activities, and financing activities. Transactions resulting from the production or purchase of merchandise and the sale of goods or services to customers, including expenditures related to administering the business. Transactions resulting from making and collecting loans or that involve purchasing and selling plant assets, other productive assets, or investments other than cash equivalents. 1. Indirect Method 2. Operating Activities Transactions with a 3. Statement of Cash Flows company's owners and creditors which include getting cash from issuing debt and repaying the amounts borrowed, and getting cash from or distributing cash to owners. 4. Financing Activities 5. Direct Method 6. Investing Activities A calculation of the net cash provided or used by operating activities that lists the major classes of operating cash receipts, such as receipts from customers, and subtracts the major classes of operating cash disbursements, such as cash paid for merchandise. A calculation that reports net income and then adjusts the net income amount by adding and subtracting items that are necessary to yield net cash provided or used by operating activities.

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 1P: Classification of Cash Flows A company's statement of cash flows and the accompanying schedule of...
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A financial report that lists the cash inflows and outflows for an accounting period, and that classifies those cash flows as operating activities, investing activities, and financing activities. Transactions resulting from the production or purchase of merchandise and the sale of goods or services to customers, including expenditures related to administering the business. Transactions resulting from making and collecting loans or that involve purchasing and selling plant assets, other productive assets, or investments other than cash equivalents. 1. Indirect Method 2. Operating Activities Transactions with a 3. Statement of Cash Flows company's owners and creditors which include 4. Financing Activities getting cash from issuing debt and repaying the amounts borrowed, and getting cash from or distributing cash to owners. 5. Direct Method 6. Investing Activities A calculation of the net cash provided or used by operating activities that lists the major classes of operating cash receipts, such as receipts from customers, and subtracts the major classes of operating cash disbursements, such as cash paid for merchandise. A calculation that reports net income and then adjusts the net income amount by adding and subtracting items that are necessary to yield net cash provided or used by operating activities.
Transcribed Image Text:A financial report that lists the cash inflows and outflows for an accounting period, and that classifies those cash flows as operating activities, investing activities, and financing activities. Transactions resulting from the production or purchase of merchandise and the sale of goods or services to customers, including expenditures related to administering the business. Transactions resulting from making and collecting loans or that involve purchasing and selling plant assets, other productive assets, or investments other than cash equivalents. 1. Indirect Method 2. Operating Activities Transactions with a 3. Statement of Cash Flows company's owners and creditors which include 4. Financing Activities getting cash from issuing debt and repaying the amounts borrowed, and getting cash from or distributing cash to owners. 5. Direct Method 6. Investing Activities A calculation of the net cash provided or used by operating activities that lists the major classes of operating cash receipts, such as receipts from customers, and subtracts the major classes of operating cash disbursements, such as cash paid for merchandise. A calculation that reports net income and then adjusts the net income amount by adding and subtracting items that are necessary to yield net cash provided or used by operating activities.
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