ACC 206 Week 3 Discussion 1 | Assignment Help | Ashford University
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- 20 Jan 2020
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ACC 206 Week 3 Discussion 1 | Assignment Help | Ashford University
Cash Flow Statement
Prior to beginning work on this discussion,
read Chapter 16 in the textbook. In addition, the MyLab materials listed in the
Recommended Resources section this week may provide more in-depth information
for this discussion (optional).
Write: Make sure your response addressing the prompt is more than 200
words and that you include an in-text citation or a brief quote from the
reading material where appropriate.
The statement of cash flows reconciles the
beginning cash total to the ending cash total by showing cash inflows (sources)
and cash outflows (uses). The statement shows the company’s ability to pay
future cash obligations.
The statement is divided into three parts:
operating, investing, and financing activities. In your post, address the
following:
- Describe
the three parts of a cash flow statement and indicate which transactions
affect each part.
- Give
examples of non-cash investing and financing transactions and state how
they are reported.
- Explain
the difference between the cash flow statement indirect and direct method
of reporting.
Guided Response: Respond to at least two of your classmates by
commenting on their posts. Though two replies are the basic expectation for
class discussions, for deeper engagement and learning, you are encouraged to
provide responses to any comments or questions others have given to you.
Continuing to engage with peers and the instructor will further the
conversation and provide you with opportunities to demonstrate your content
expertise, critical thinking, and real-world experiences with the discussion
topics.
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