Exercise 11.01 – Matching
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Match the following items with the description.
Match the following items with the description.
Determine proper classification.
Asks you to classify a list of 8 transactions into Operating, Investing, Financing.
Using the indirect method, prepare the statement of cash flows.
Your numbers will vary.
Analyze four transactions and indicate in which section each item would be reported for Ernie’s Electronics.
Analyze four transactions and indicate in which section each item would be reported for Ernie’s Electronics.
Prepare a correct format for Technology Solutions.
Prepare the operating activities section of the statement of cash flows using the indirect method.
Your numbers will vary.
Prepare the operating activities section of the statement of cash flows using the indirect method.
Your numbers will vary.
Prepare the statement of cash flows using the indirect method.
Your numbers will vary.