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 158 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
YES! Correct, THANKS for helping me on my review

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Heart Label Blank Heart Label Blank
Covering the interior as soon as the vehicle comes in for service helps improve customer ... Covering the interior as soon as the vehicle comes in for service helps improve customer ...
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 ...
Biology Fill in the Blank Worksheet Biology Fill in the Blank Worksheet
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
Video: Prone Position

For a complete list of videos, visit our video library