Cash Flow 7 Example-Investing

Financial Accounting ACG2021 SFCC Fall 2007 Chapter 13 Videos

Comments

1. Where and how to get the "non-cash transactions $22000.00" ? Thank u!
2. how did we found 55000 in furniture ??? 
   I did'nt understand it !!! 
   plz explain to me 
   thnx :) 
3. Excellent explanation
4. Thanks for this!!! hhahaha yeyyy
5. @yenzephyr Yeah, i know that while closing we can put it at the credit side. It was just for those viewers like me who may confuse while understanding the concept. Thanks :-)
6. Dear Viewers, Please note that there is a little mistake in the 'furniture account' wherein the opening balance of $60,000 as well as closing balance of $55,000 both have been shown on the debit side of the account which can make people confused. The closing balance of $55,000 should appear on the credit side of furniture account to make the effect correct. Though, it did not effect our result on cash flow statement but still the mistake should be noted down. Thanks :-)