This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A(n) ____________________ is merchandise returned by a customer for a refund. Fill in the blank(s) ... (Read 173 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jul 5, 2018
A(n) ___________________ _ is merchandise returned by a customer for a refund.
 Fill in the blank(s) with correct word

Question 2

Team Shirts, Inc. reported 5,000 of depreciation expense for the year. How is this amount reported on the statement of cash flows prepared using the indirect method and the direct method?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 5, 2018
Answer to Question 1

sales return

Answer to Question 2

The 5,000 would be added to net income in the operating activities section of the statement of cash flows using the indirect method. Depreciation expense does not appear in the operating activities section when the direct method is used.


lilldybug07

  • Member
  • Posts: 546
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Blank periodic table Blank periodic table
Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu
Always use the viscosity of oil as specified on the oil fill cap. Always use the viscosity of oil as specified on the oil fill cap.
A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word
I need help fill up the chart attached phtoto long question I need help fill up the chart attached phtoto long question
Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ... Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ...
Video: Acid-base imbalances - compensation of respiratory acidosis and alkalosis

For a complete list of videos, visit our video library