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