Ask Experts Questions for FREE Help !
Ask
    lorice's Avatar
    lorice Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 31, 2008, 11:56 AM
    What is the correct financial statement-statement of cash flows wording?
    Cash (used) in operating activities <10,000>
    Cash (used) in investing activities 10,000

    Thank you for any help you can provide.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Apr 4, 2008, 03:14 PM
    Depends on who you ask and how picky they're getting.

    If it's negative I usually say "used for" and if it's positive I usually say "provided by." But I've seen it stated other ways.
    oldgal55's Avatar
    oldgal55 Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Apr 14, 2008, 04:08 AM
    Quote Originally Posted by lorice
    Cash (used) in operating activities <10,000>
    Cash (used) in investing activities 10,000

    Thank you for any help you can provide.
    Cash flows from operating activities
    Cash flows from investing activities
    Cash flows from financing activities
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Statement of Cash Flows [ 1 Answers ]

I'm taking a distance learning course in Accounting, I've read the 2 pages dedicated to the topic of cash flows, I'm really confused and need help. I know the Statement of Cash Flows consists of Operating activities, Investing activities and Finacing activities, but I'm confused as to what figures...

Statement of Cash flows [ 1 Answers ]

Explain the concepts of depreciation and amortization. IN layman terms

Statement of Cash Flows [ 1 Answers ]

Classify the following cash flows as operating, investing, or financing activities: 1. Sold long-term investments for cash. 2. Received cash payments from customers. 3. Paid cash for wages and salaries. 4. Purchased inventories for cash. . 5. Paid cash dividends. 6. Issued common stock...

Statement of Cash Flows [ 1 Answers ]

Question: A company obtained a new building by issuing a combination of common stock and bonds payable. Regarding the statement of cash flows, how would this transaction be reported? a. On a separate schedule accompanying the statement of cash flows b. On a statement of cash flows as both an...

View more questions Search