Concept – Three Types of Business Activities
Financial Accounting
Thomas, Tietz, and Harrison
12th Edition
Investing activities are the most essential type of business activities in terms of evaluation, true or false?
Investing activities are the most essential type of business activities in terms of evaluation, true or false?
Record each transaction, and prepare the shareholders’ equity section of the balance sheet, Prepare the statement of cash flows using the indirect method, and calculate risk ratios and profitability ratios for 2022.
Your numbers will vary.
Match the following items with the description.
Determine proper classification.
Asks you to select which section of statement of cashflows each of ten items would be classified.
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.