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Which of the following statements concerning

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Which of the following statements concerning a1. In the bottom portion of the statement of cash flows worksheet, a. inflows of cash are debits in the reconciling columns. b. outflows of cash are debits in the reconciling columns. c. information pertaining to investing and financing activities only is entered. d. only significant non-cash transactions are entered. a2. On the statement of cash flows worksheet, a. significant non-cash investing and financing activities are not entered in the reconciling columns. b. a decrease in cash will be offset by a debit in the reconciling items columns at the bottom of the worksheet. c. an increase in cash will be offset by a debit in the reconciling items column at the bottom of the worksheet. d. income statement accounts are listed after statement of financial position accounts in the top half of the worksheet under the indirect method. a3. In the Roswell Corporation, cash receipts from customers were $138,000, cash payments for operating expenses were $102,000, and one-third of the company’s $6,300 income taxes were paid during the year. Net cash provided by operating activities is: a. $36,000. b. $29,700. c. $33,900. d. $31,800. a 4. Each of the following would be reported under operating activities except cash receipts a. from sales of goods. b. from sales of investments. c. of interest on loans. d. of dividends from investments. a 5. Which of the following statements concerning the statement of cash flows is true? a. The statement of cash flows is usually more accurate when using the indirect method. b. If the direct method is used, a supplementary schedule reconciling the net income to a net cash from operating activities must still be provided. c. The statement of cash flows reflects both earnings per share and cash per share. d. The statement of cash flows is an optional financial statement for external reporting purposes. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

Which of the following statements concerning

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