How is cash short recorded in the account, Cash Short and Over?

Where to record cash paid for dividends in the Statement of Cash Flows?

In the case of a bank overdraft:

a. GAAP typically includes the amount in cash and cash equivalents.

b. IFRS typically includes the amount in cash equivalents but not in cash.

c. GAAP typically treats the overdraft as a liability, and reports the amount in the financing section of the statement of cash flows.

d. IFRS typically treats the overdraft as a liability, and reports the amount in the investing section of the statement of cash flows.

Using the Internet, find the most recent annual report for EMC. For the most recent year, find and list the following amounts from the statement of cash flows: net cash provided by (used for) operating activities, net cash provided by (used for) investing activities, net cash provided by (used for) financing activities, and net increase (decrease) in cash and cash equivalents.

Anna's Cookies combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported for cash and cash equivalents.

• $100 in coins held in store registers *$600 in accounts payable to suppliers
• $1,000 cash in a safe at the store *$4,000 cash in checking accounts
• $1,700 worth of equipment *$5,000 note receivable due in 10 years

Where on the statement of cash flows is the payment of cash dividends reported?

The sale of an intangible asset for cash is classified in the statement of cash flows as a/an?

Miller Enterprises deposits the cash received during each day at the end of the day. Miller deposited $48,287 on October 3 and$50,116 on October 4. Cash register records and other documents supporting the deposits are summarized as follows:

$$\begin{array}{lrr} & \mathbf{1 0 / 3} &{\mathbf{1 0 / 4}} \\ \hline \text { Cash sales } & \$ 36,690 & \$ 40,310 \\ \text { Collections on account } & \underline{~~10,875}&\underline{~~~~9,813} \\ \text { Total receipts } &\underline{\underline{\$ 47,565}} & \underline{\underline{\$ 47,565}} \end{array}$$

Required:

If you were the manager with responsibility over the cash registers, how would you use this information?

Financial data for Bonita Company follow:

$$\begin{array}{lr} & \text { For Year Ended } \\ & \text { December 31 \hspace{5pt}}\\ \hline \text { Cash on December } 31 & \$ 187,180\\ \text { Cash flow from operations } & (458,400) \end{array}$$

a. Compute the ratio of cash to monthly cash expenses.

b. Interpret the ratio of cash to monthly cash expenses.

What questions about cash are answered by the statement of cash flows?

In which of the three activity categories of a statement of cash flows would each of the following items appear? Indicate for each item whether it represents a cash inflow or a cash outflow: g. Cash interest paid.

In which of the three activity categories of a statement of cash flows would each of the following items appear? Indicate for each item whether it represents a cash inflow or a cash outflow: h. Cash interest received.

A summary of cash flows for Ethos Consulting Group for the year ended May 31, 2014, is shown below.

$$\begin{array}{lr} \text{Cash Receipts:}&\\ \quad\text{Cash received from customers}&\$637,500\\ \quad\text{Cash received from issuing capital stock}&62,500\\ \text{Cash payments:}&\\ \quad\text{Cash paid for operating expenses}&475,000\\ \quad\text{Cash paid for land}&90,000\\ \quad\text{Cash paid for dividends}&17,500\\ \end{array}$$

The cash balance as of June 1, 2013, was $58,000. Prepare a statement of cash flows for Ethos Consulting Group for the year ended May 31, 2014.

Where on the statement of cash flows is the payment of cash dividends listed?