Essay
The following equity transactions may affect the cash flow statement.For each transaction given,indicate the appropriate section of the cash flow statement where the transaction would appear and whether it would be a cash inflow (+)or a cash outflow (-).If a transaction doesn't appear on a cash flow statement,place an (X)in the "No Effect" column.Assume that the company is reporting its financial results in accordance with ASPE.
a.Issuance of common shares
b.Issuance of preferred shares
c.Repurchase of common shares
d.2-for-1 stock split
e.Payment of cash dividends
f.Issuance of repurchased common shares at an amount above cost
Correct Answer:

Verified
Correct Answer:
Verified
Q33: The following selected data for Flower Bed
Q34: Fertilizer Incorporated reports an increase in Accounts
Q35: Governance Corporation uses the direct method when
Q36: The payment of principal amounts (excluding interest)to
Q37: On an indirect method statement of cash
Q39: Cassidy Lake Corporation sold some of its
Q40: Which of the following would appear on
Q43: Lindsay Limited had the following transactions during
Q68: Under the indirect method, depreciation expense must
Q95: The payment of a stock dividend would