When preparing a statement of cash flows under the indirect method, the adjustment to net income for an increase in wages payable (WP) and a decrease in the deferred tax liability (DTL) on the balance sheet compared to the prior reporting period is: Increase in WP Decrease in DTL()①A....
正确答案:A 分享到: 答案解析: A is corrent. To determine machinery purchases, the solutions approach is to set up a T-account for machinery. The T-account can be analyzed to determine that year 2 machinery purchases totaled $110,000. Note that when machinery is sold, the credit to the...
When preparing a statement of cash flows, the difference between the direct and indirect methods occurs in which of the following section(s) 相关知识点: 试题来源: 解析 准备现金流量表时,直接方法和间接方法的区别表现在以下部分.……statement of cash flows 现金流量表...
百度试题 题目Under the indirect method of preparing a statement of cash flows, amortization expense for the current period is: 相关知识点: 试题来源: 解析 added in the operating activities section.反馈 收藏
In preparing a statement of cash flows, cash flows from operating activities:A.Are always equal to accrual accounting income.B.Are calculated as the difference between revenues and expenses.C.Can be calculated by appropriately adding to or deducting fro
The CPA shows Daniel an easy, six-step process to prepare a statement of cash flows. There are two methods for preparing these: direct and indirect. We will illustrate the indirect method. Let's take a closer look at these six steps. ...
This approach will greatly enhance the accuracy of cash flows statement under the indirect method. This paper uses examples to illustrate the process of adjustments in the preparation of cash- flow statement under the indirect method in the context of Taoist philosophy. The results show that the ...
An alternative way to prepare a statement of cash flows is to show each item of cash inflow as a percentage of total inflows and each item of cash outflows as a percentage of total outflows.[释义] 纵向分析现金流量表的方法,一是将现金流量表上的每一项目列为净收入的百分比,或是将流入现金的...
Prepare a statement of cash flows for Geofost for the year ended 31 October 20X7 in accordance with IAS 7 Statement of cash flows, using the indirect method. 考点 Chapter18唯一交易商的财务报表编制 解析 多做几道 The following information is available for Sioux, a limited liability company:Sta...
Profit on sale of non-current assets 40,000 Increase in inventories 130,000 Decrease in receivables 100,000 Increase in payables 80,000 What will the net effect of these items be in the statement of cash flows?A. $ Addition to operating profit 890,000B. $ Subtraction from operating profi...