Exercise 11.19 – Four Independent Situations
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Calculate cash paid and prepare summary journal entry.
Calculate cash paid and prepare summary journal entry.
Calculate cash paid and prepare summary journal entry.
Prepare the operating activities section for Alliance Technologies.
Given select data from an income statement and balance sheet… prepare the operating activities portion of the statement of cash flows using the direct method.
Given partial data from an income statement and balance sheet… prepare the operating activities section of the statement of cash flows using the direct method.
Given an income statement, balance sheet, and other information… prepare a statement of cash flows using the direct method.
Given an income statement, balance sheet, and additional information… prepare a statement of cash flows.
Given an indirect and direct statement of cash flows… fill in the missing areas of the income statement.