Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Statement of Cash flows Classifications (https://www.askmehelpdesk.com/showthread.php?t=443907)

  • Feb 6, 2010, 01:09 PM
    Ghc318
    Statement of Cash flows Classifications
    Pension expense exceeds amount funded- Operating add to Net Income
    Redemption of Bonds Payable- Financing
    Sale of Building at book Value- Investing
    Depreciation- Operating add to Net Income
    Exchange equipment for Furniture- non cash activity
    Issuance of Capitol Stock- Financing
    Amitorization of Intangible Assets- Operating add to Net Income
    Purchase of Treasury Stock- Financing
    Issuance of bonds for Land- non cash activity
    Payment of Dividends- Financing
    Increase in interest recievable on notes recievable-Operating subtract from Net Income
    purchase of Equipment-Investing

    There are a few I know I'm having problems with but I came up with these classifications for these items using the indirect method.
  • Feb 6, 2010, 07:08 PM
    morgaine300

    These are all correct, except I don't know about the pension thing. Pensions are a more advanced topic so I don't understand the accounting behind them. If I don't know the accounting behind it, a little difficult for me to know where it goes.

  • All times are GMT -7. The time now is 12:29 AM.