ACC 557 TUTOR Great Stories /acc557tutor.com ACC 557 TUTOR Great Stories /acc557tutor.com | Page 79

1-
Multiple Choice Question 86
Which one of the following affects cash during a period?
Payment of an accounts payable
Recording depreciation expense
Write-off of an uncollectible account receivable
Declaration of a cash dividend
2-
Multiple Choice Question 106
Land acquired from the issuance of common stock is reported
as a financing activity.
in a separate schedule at the bottom of the statement.
as an investing activity.
as an operating activity.
3-
Multiple Choice Question 151
The information to prepare the statement of cash flows usually
comes from each of the following except
the comparative balance sheet.
the current income statement.
the retained earnings statement.
additional information.