Chapter 17

Statement of Cash Flows

ESSENTIAL QUESTIONS

What is the difference between operating, investing, and financing activities? How is is the operating activities section of a statement of cash flows prepared? How is is the investing activities section of a statement of cash flows prepared? How is is the financing activities section of a statement of cash flows prepared?

TERMS FOR CHAPTER 17

-accrual basis of accounting -cash basis of accounting -cash flow -statement of cash flows

-operating activities -investing activities -financing activities

ASSIGNMENTS

Define Terms for the Chapter Understanding Cash Flow Analysis Read pp. 476-481 1) View PowerPoint presentation intro and 17-1 2) Complete Application Problem 17-1 p. 495 3) Work on Study Guide 17 Time 1 day Preparing the Operating Activities Section Of a Statement of Cash Flows Read pp. 482-487 1) View PowerPoint presentation 17-2 2) Complete Application Problem 17-2 p. 495 3) Continue to Work on Study Guide 17 Time 1 day Completing the Statement of Cash Flows Read pp. 488-494 1) View PowerPoint presentation 17-3 2) Complete Application Problems 17-3 & 17-4 pp. 496-497 3) Complete Study Guide 17 Time 2 days

Complete Mastery Problem 17-5 pp. 497 Time 2 days Additional Chapter exercises Chapter Seventeen Internet Activity Applied Communications p. 498 Time 2 days All Chapter 17 assignments must be handed in by April 22nd. No Exceptions. Challenge Problem 17-6 p. 498 may be completed for extra credit