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 54 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
Wow, this really help

bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Heart Label Blank Heart Label Blank
Bank teller assisting with customer service. Bank teller assisting with customer service.
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 form that the customer should fill out if there is a driveablilty concern to help the service ... A form that the customer should fill out if there is a driveablilty concern to help the service ...
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
X-ray showing pneumonia. Fluid and blood cells fill the lungs X-ray showing pneumonia. Fluid and blood cells fill the lungs
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library