ACCT 223 – Cash Flow

Name _____________________________________ ACCT 223 Extra Credit – Cash Flow Statement For each change in account balance over the past year, indicate what the effect on cash would be (Increase or Decrease – I/D), and which of the 3 Cash Flow Statement Sections it would belong in (Operating, Investing, or Financing – O/I/F). Change Account Amount 1 Increase Accounts Payable 2 Decrease Accounts Receivable 3 Increase Automobiles 4 Increase Buildings 5 Decrease Coal $ 80,000 $ 90,000 $ 30,000 $ 325,000 $ 20,000 6 Increase Common Stock $1 par, 30,000 shs issued 7 Decrease Computer Software 8 Increase Goodwill 9 Decrease Interest Payable 10 Increase Land 11 Decrease Long-Term Bonds Payable 12 Decrease Inventory 13 Increase Patents 14 Increase Preferred Stock, $1 par, 15,000 shs issued 15 Decrease Prepaid Insurance 16 Increase Equipment 17 Decrease Short-Term Investments 18 Increase Short-term Note Payable 19 Decrease Timber 20 Increase Trademarks $ 30,000 $ 40,000 $ 120,000 $ 20,000 $ 130,000 $ 195,000 $ 25,000 $ 35,000 $ 15,000 $ 15,000 $ 115,000 $ 25,000 $ 140,000 $ 25,000 $ 15,000 (I/D) Effect on Cash (O/I/F) CFS Section