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When using the indirect method how is the decrease in accounts payable shown on the statement of cash flows?
Decrease in accounts payable is shown as a decrease in cash under cash flows from operating activities because cash goes out when we pay the accounts payable.
Increase in accounts payable Statement of Cash Flows?
Increase in accounts payable means increase in cash as if cash was paid there was no increase in accounts payable but as no payment done it saves the cash and causes the increase in actual cash.
The appropriate section in the statement of cash flows for reporting the cash payment of wages is?
Operating Activities
Does an increase in wages payable increase or decrease cash flow?
Increase in wages payable will increase in cash flow because cash is not paid.
Where does Wages Expense go on Statement of Cash Flow?
Wages Expenses comes under "Cash flows from operating activities" and are part of net profit from operations.
What does a statement of cash flows show?
A statement of cash flows is also called a cash flow statement. The statement of cash flows is a cash basis report that shows the inflows and outflows of cash for the operating, investing and financing resources of a business.
How do you figure cash paid for goods sold on a cash flow statement?
it is shown with changes in accounts payable amount if there is change in accounts payable it will shown in cash flow statement.
Interest payable effect on Cash flow statement?
interest payable will increase the cash as if actually cash paid then it will reduce the cash but delayed in cash payment increase the cash for other purposes.
What does the statement of cash flows list?
No
What financial statement would show the amount of cash generated by operations?
The cash flow statement.
What is the purpose of doing the calculation Beginning salaries and wages payable PLUS Salaries and wages expense MINUS cash payments to employees EQUALS Ending salaries and wages payable?
The main purpose of this calculation is to find the salary and wages payable liability to show in the liability side of the balance sheet.
Cash flows from interest received are reported in the statement of cash flows as part of?
Operating activities
