Question

eBook Question 3 Not yet answered Marked out of 300 P Flag question Classifying items in the Statement of Cash Flows The following items are commonly reported in a statement of cash flows (indirect method presentation). For each item 1 through 20. determine (a) in which section the item is presented operating, investing, or financing) and (b) whether the associated dollar amount is added or subtracted in the statement. (a) (b) 1. Payments of short-term debt. 2. Hormon stock . + 3. chases and equipment Sale of westent assified as long-term 2 S. Proceeds from usuance of common stock . in prepaid expenses and other current assets . for cash of a competitor in income tax payable Decrease its payable. 10. Dividende stockholders . 11. Depreciation and amortization . 12. Payment current maturities of long-term debt. 13. Increase in income tax receivable 14. Decreasentories . . 15. Decreaccounts receivable . 16. Deferred revenue. = . 17. Lion of fedts. . 1. Increase in accrued salaries and payrolles 19. Los on paiment of assets 20. Acquisition of tangles assets eBook A Prie MacBook Pro CSG 5 80 888 ! 7 $ 4 % 5 & 7 C 9 2 3 6 0 8 с C Y P R W Q E 0
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Answer 1

Statement of Cash Flows (Indirect Method)
Sl No.	Description	Section	Added/Subtracted
1	Payments of short term debts	Financing Activities	Substacted
2	Repurchases of Common Stock	Financing Activities	Substacted
3	Purchases of Property and equipment	Investing Activities	Substacted
4	Sale of Investment classified as Long Term	Financing Activities	Added
5	Proceeds from Issuance of Common Stock	Financing Activities	Added
6	Increase in prepaid expenses and other current assets	Operating Activities	Substacted
7	Acquisition for cash of a competitor	Investing Activities	Substacted
8	Increase in current income tax payable	Operating Activities	Added
9	Decrease in accounts payable	Operating Activities	Substacted
10	Dividend paid to stockholders	Financing Activities	Substacted
11	Depreciation and amortisation	Operating Activities	Added
12	Payment of current maturities of long term debt	Financing Activities	Substacted
13	Increase in income tax receivable	Operating Activities	Substacted
14	Decrease in inventories	Operating Activities	Added
15	Decrease in accounts receivable	Operating Activities	Added
16	Decrease in deferred revenue	Operating Activities	Substacted
17	Loss on disposal of fixed assets	Operating Activities	Added
18	Increase in accrued salaries and payroll taxes	Operating Activities	Added
19	Loss on impairment of assets	Operating Activities	Added
20	Acquisition of Intangible assets	Investing Activities	Substacted