ACC 421 Chapter 5 Wileyplus For more course tutorials visit www . tutorialrank . com
ACC 421 Chapter 5 Wileyplus For more course tutorials visit www . tutorialrank . com
Keyser Beverage Company reported the following items in the most recent year .
Q -2
Ames Company reported 2014 net income of $ 151,000 . During 2014 , accounts receivable increased by $ 13,000 and accounts payable increased by $ 9,500 . Depreciation expense was $ 44,000 .
Prepare the cash flows from operating activities section of the statement of cash flows .
Q -3
Martinez Corporation engaged in the following cash transactions during 2014 .
Q-4
The major classifications of activities reported in the statement of cash flows are operating , investing , and financing . Classify each of the transactions listed below as :
Q-5 E5-14