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Q: Does The fasb require a reconciliation of net income to net cash provided or used by operating activities when the direct method is used which can be reported in the notes?
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Cash flows from interest received are reported in the statement of cash flows as part of?

Operating activities


Brown Office Supplies recently reported 18500 of sales 8250 of operating costs other than depreciation and 1750 of depreciation?

Incomplete question.


What accounting problems arise if an internal service fund is operated at a significant profit?

Additional problems arise if the internal service fund has significant positive (or negative) operating income. Operating income is the excess of service revenues over the costs of providing the service (i.e., operating expenses). Consider the case of an internal service fund servicing police, fire, and other vehicles used in departments reported in the General Fund. If the internal service fund has positive operating income, the expenditures reported in the General Fund exceed the true cost of operating the government. If these amounts are significant over periods of time, some of the accumulated surplus (fund balance) of the General Fund is effectively shifted to the internal service fund (net assets).


What accounting problem arises if an Internal service fund is operated at a significant loss?

If the internal service fund has positive operating income, expenditures reported in the general fund exceed the true cost of operating the government. If it is negative, the general fund understates the true cost of operating the government and net assets are effectively shifted from the internal service fund to the fund balance of the general fund.


What are assets and liabilities reported on?

Assets and liabilities are reported on a balance sheet

Related questions

Cash flows from interest received are reported in the statement of cash flows as part of?

Operating activities


What is the scope of cash flow statement?

Scope Statement of Cash Flows1. Consolidated cash flow is a financial statement that presents information about the company's cash receipts and disbursements during the accounting period.2. The purpose of cash flow statement is to provide information on sources and uses of cash and cash equivalents during the period of accounting and cash reconciliation at the beginning of the period with cash at the end of the period plus the cash equivalent balances.3. The general form of the cash flow statement shows cash receipts and disbursements are divided into three categories, namely: cash flow from operating activities, cash flows from investing activities and cash flows arising from financing activities.4. Operating activities are the principal revenue-producing activities of the company (principal revenue producing activities) and other activities that are not investing activities and financing activities. Cash flows from operating activities can be reported with the use of two methods, either directly or indirectly.5. Investment activity is the acquisition and disposal of long-term assets and other investments that do not include cash equivalents.


Who reported to king about activities in different sections of the country?

Sheriffs


Reported to the king about activities in different sections of the country.?

sherriff


Why are salaries and purchases not reported on a statement of cash flows using the indirect method?

Under indirect method net income from normal income statement is adjusted for non cash items to arrive at cash flow from operating activities. As salaries and purchases are already accounted for in normal income that;s why it is not reported otherwise it will count twice.


What is the name of the document in which all activities of the legislative branch are reported?

The Congressional Record.


Are all finance leases going to be reported as operating leases?

what does yes meean it means a cmaned


How often are dialysis services reported?

Outpatient dialysis services are USUALLY billed on a monthly basis


What was the earliest reported method of fighting infection in the operating room?

The surgeons washed with soap and chlorine water.


In what publications are the debates laws and other information about the activities of the legislative brance reported?

i dont know


What represents an inflow of cash and therefore would be reported on the statement of cash flow?

Cash flows from (used in) operating activities Cash receipts from customersCash paid to suppliers and employeesCash generated from operationsInterest paidIncome taxes paidNet cash flows from operating activitiesCash flows from (used in) investing activities Proceeds from the sale of equipmentDividends receivedNet cash flows from investing activitiesCash flows from (used in) financing activities Dividends paidNet cash flows used in financing activities.Net increase in cash and cash equivalentsCash and cash equivalents, beginning of yearCash and cash equivalents, end of year


In what publication are the debates laws and other information about the activities of the legislative branch reported?

The debates, laws, and other information about the activities of the legislative branch are typically reported in the Congressional Record. The Congressional Record is the official record of the proceedings and debates of the United States Congress.