Managerial accounting cash flow statement indirect/direct

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Author:
fillup
ID:
152637
Filename:
Managerial accounting cash flow statement indirect/direct
Updated:
2012-05-07 01:53:58
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Managerial accounting cash flow statement indirect direct
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Managerial accounting cash flow statement indirect/direct
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  1. Adjustments
    x,xxx AR
    x,xxx Inv
    x,xxx A/P
    x,xxx Wages payable
    x,xxx Prepaid Insurance

    Direct method- cash from operating
    x,xxx cash collected from customers
    <x,xxx> cash paid for inventory
    <x,xxx> cash paid for wages
    <x,xxx> cash paid for utilities
    <x,xxx> cash paid for rent
    <x,xxx> cahs paid for insurance
    =x,xxx
    • Indirect method (cash flow statement)
    • Net income xx,xxx
    • ADD:
    • decrease in A/R xxxx
    • Increase in A/P xxxx
    • decrease in prepaid insurance xxxx
    • DEDUCT:
    • Increase in Inventory <xxxx>
    • Decrease in Wages Pay. <xxxx>
    • Cash provided from oper. act.= xxxxx
  2. Cash from investing act.
    cash paid for equipment <XXXX>
    net csh used investing act <XXXX>
    • Cash from finance act.
    • cash recieved from stock xxxx
    • cahs paid for dividends <xxxx>
    • net cash used in fin. act. <xxxx>

    • Net increase/decrease <xxxx>
    • cash at begining year xxxx
    • cash at end year xxxx
  3. Cash from operating Act. (direct)
    • xxx,xxx Cash recieved from customers
    • <xxx,xxx> cash paid for inventory
    • xxx Depreciation
    • <xxx,xxx> cash paid for oper. exp.
    • =cash from oper. act.

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