Please also explain the three major categories of the statement of cash flows an
ID: 2608350 • Letter: P
Question
Please also explain the three major categories of the statement of cash flows and under which category the following items belong. Also explain whether or not each item would be considered a source or use of cash for the period in question:
Inventory-increased for period
Net income-increased for period
Accounts receivables increase for period
Accounts payable decrease for period
Accruals decrease for period
Depreciation-increases for period
Stock issued
Property purchased
Bonds paid off
Inventories increase for period
Cash decreases
Notes payable increase for period
Bonds redeemed for period
Explanation / Answer
Items
Categories of the statement of Cash flows
Inventory-increased for period
Operating activities
Use of cash
Net income-increased for period
Operating activities
Source of cash
Accounts receivables increase for period
Operating activities
Source of cash
Accounts payable decrease for period
Operating activities
Use of cash
Accruals decrease for period
Operating activities
Use of cash
Depreciation-increases for period
Operating activities
Source of cash
Stock issued
Operating activities
Source of cash
Property purchased
Investing activities
Use of cash
Bonds paid off
Financial activities
Use of cash
Inventories increase for period
Operating activities
Use of cash
Cash decreases
Operating activities
Use of cash
Notes payable increase for period
Financial activities
Source of cash
Bonds redeemed for period
Financial activities
Use of cash
Items
Categories of the statement of Cash flows
Inventory-increased for period
Operating activities
Use of cash
Net income-increased for period
Operating activities
Source of cash
Accounts receivables increase for period
Operating activities
Source of cash
Accounts payable decrease for period
Operating activities
Use of cash
Accruals decrease for period
Operating activities
Use of cash
Depreciation-increases for period
Operating activities
Source of cash
Stock issued
Operating activities
Source of cash
Property purchased
Investing activities
Use of cash
Bonds paid off
Financial activities
Use of cash
Inventories increase for period
Operating activities
Use of cash
Cash decreases
Operating activities
Use of cash
Notes payable increase for period
Financial activities
Source of cash
Bonds redeemed for period
Financial activities
Use of cash
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.