AFA 100 Lecture Notes - Lecture 12: Cash Flow Statement, Deferral, Accounts Payable
12 Feb 2016
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Chapter ll, the cash flow statement. ln key. This work is protected by federal and international copyright and patent laws. No part of this may be reproduced or transmitted in any form or by any means, electronic, or mechanical, including photocopying, recording or by any information storage and retrieval system, without prior written permission of the origina! publisher, As-2 (o) ldentify the three ways a business can generate and use cash. For each item listed, indicate how the item will impact cash flow (increase, decrease or no lncrease in accounts. Purchase of property, plant and ent of bank loan lncrease in. Pay dividends lncrease in shareholders" loans lncrease in. Ap-2 (o) lndicate the section of the cash flow statement where each item would be located (operations, investing or fi nancing). Gain on sale of property, plant and equipment. The net income for the year ended on december 31, 2010 for rc corporation was s 1 20,000.
