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ACCT 3314 - Statement of Cash Flows Classifications
SCF Classification Quiz #1 - ACCT 3314 - Ch 21 (Spiceland)
56
Accounting
Undergraduate 3
04/24/2012

Additional Accounting Flashcards

 


 

Cards

Term

 

 

 

Sale of inventory on account

Definition

 

 

 

 

Not reported

Item would not appear on a statement of cash flows

Term

 

 

 

Collection on accounts receivable

Definition

 

 

 

Operating

 

Cash flow from Operating Activities

 

Increase (+)

Term

 

 

Purchase of inventory

(or other items)

on account

 

Definition

 

 

 

Not Reported

 

Item would not appear on a statement of cash flows

Term

 

 

 

Payment on accounts payable

Definition

 

 

Operating

 

Cash flow from operating activities

 

Decrease ( - ) 

 

 

 

 

Term

 

 

 

Purchase of PP&E for cash

Definition

 

 

Investing

 

Cash flow from Investing activities

 

Decrease ( - )

Term

 

 

 

Purchase of intangible assets for cash

Definition

 

 

 

Investing

 

Cash flow from Investing Activities

 

Decrease ( - )

Term
Sale of PP&E for cash
Definition
Investing

Cash flow from Investing activities

Increase ( + )
Term
Sale of Intangible Assets for cash
Definition
Incesting

Cash flow from Investing activities

Increase ( + )
Term
Making loans to other companies
Definition
Investing

Cash flow from Investing activities

Decrease ( - )
Term
Collection of principal on note receivable
Definition
Investing

Cash flow from Investing activities

Increase ( + )
Term
Paymentof oeprating expenses
Definition
Operating

Cash flow from Operating activities

Decrease ( - )
Term
Receipt of revenue in advance
Definition
Operating

Cash flow from Operating activities

Increase ( + )
Term
Purchase of Held-To-Maturity Securities
Definition
Investing

Cash flow from Investing activities

Decrease ( - )
Term
Collection of interest (HTM)
Definition
Operating

Cash flow from Operating activities

Increase ( + )
Term
Collection of principal (HTM)
Definition
Investing

Cash flow from Investing activities

Increase ( + )
Term
Purchase of Available-For-Sale Securities
Definition
Investing

Cash flow from Investing activities

Decrease ( - )
Term
Collection of
interest & dividends
(AFS)
Definition
Operating

Cash flow from Operating activities

Increase ( + )
Term
Unrealized Gain (AFS)
Definition
Not reported

Item would not appear on a statement of cash flows
Term
Unrealized Loss (AFS)
Definition
Not reported

Item would not appear on a statement of cash flows
Term
Collection of principal (AFS)
Definition
Investing

Cash flow from Investing activities

Increase (+)
Term
Sale of securities (AFS)
Definition
Investing

Cash flow from Investing activities

Increase (+)
Term
Collection of
interest & dividends
(AFS)
Definition
Operating

Cash flow from Operating activities

Increase (+)
Term
Purchase of investment giving significant influence
Definition
Investing

Cash flow from Investing activities

Decrease ( - )
Term
Receipt of Dividedns - Equity Method
Definition
Operating

Cash flow from Operating activities

Increase ( + )
Term
Sign note payable for cash
Definition
Financing

Cash flow from Financing activities

Increase ( + )
Term
Sign note payable to purchase noncash asset
Definition
Non-Cash

Shedule of Significant Noncash Transactions
Term
Pay interest on note payable
Definition
Operating

Cash flow from Operating activities

Decrease ( - )
Term
Repay principal of note payable
Definition
Financing

Cash flow from Financing activities

Decrease ( - )
Term
Receipt of cash in advance
(unearned revenue)
Definition
Operating

Cash flow from Operating activities

Increase ( + )
Term
Payment of estimated liabilities (warranties)
Definition
Operating

Cash flow from Operating activities

Decrease ( - )
Term
Issuance of bonds/notes payable for cash
Definition
Financing

Cash flow from Financing activities

Increase ( + )
Term
Issuance of bonds/notes payable for cash
Definition
Financing

Cash flow from Financing activities

Increase ( + )
Term
Issuance of bonds/notes payable for PP&E
Definition
Non-Cash

Schedule of Significant Noncash Transactions
Term
Payment of interst on bonds/notes payable
Definition
Operating

Cash flow from Operating activities

Decrease ( - )
Term
Repayment of principal of bonds/notes payable
Definition
Financing

Cash flow from Financing activities

Decrease ( - )
Term
Conversion of Bonds Payable into Stock
Definition
Non-Cash

Schedule of Significant Noncash Activities
Term
Receipt of lease payment - operating - lessor
Definition
Operating

Cash flow from Operating activities

Increase ( + )
Term
Payment of lease payment - operating - lessee
Definition
Operating

Cash flow from Operating activities

Decrease ( - )
Term
Receiving principal payments on direct financing lease
Definition
Investing

Cash flow from Investing activities

Increase ( + )
Term
Receiving payments on sales type lease
Definition
Operating

Cash flow from Operating activities

Increase ( + )
Term
Paying principal payments on capital lease - lessee
Definition
Financing

Cash flow from Financing activities

Decrease ( - )
Term
Receiving interest payments on direct financing lease
Definition
Operating

Cash flow from Operating activities

Increase ( + )
Term
Paying interest payments on capital lease
Definition
Operating

Cash flow from Operating activities

Decrease ( - )
Term
Signing capital lease
Definition
Non-Cash

Schedule of Significant Noncash Transactions
Term
Payment of income taxes for period
Definition
Operating

Cash flow from Operating activities

Decrease ( - )
Term
Making contribution to pension plan
Definition
Operating

Cash flow from Operating activities

Decrease ( - )
Term
Change in PSC
Definition
Not reported

Item would not appear on a statement of cash flows
Term
Change in Net Gain/Loss - Pension
Definition
Not reported

Item would not appear on a statement of cash flows
Term
Change in Pension Asset/Liability
Definition
Not reported

Item would not appear on a statement of cash flows
Term
Issue stock for cash
Definition
Financing

Cash flow from Financing activities

Increase ( + )
Term
Issue stock for noncash assets (PP&E)
Definition
Non-Cash

Schedule of Significant Noncash Transactions
Term
Declare cash dividend
Definition
Not reported

Item would not be reported on a statement of cash flows
Term
Pay cash dividend
Definition
Financing

Cash flow from Financing activities

Decrease ( - )
Term
Issue stock dividend
Definition
Not Reported

Item would not be reported on a statement of cash flows
Term
Buy treasure stock or stock to be retired
Definition
Financing

Cash flow from Financing activities

Decrease ( - )
Term
Reissue treasury stock for cash
Definition
Financing

Cash flow from Financing activities

Increase ( + )