chapter 14 study guide accounting.pdf Course Hero . Chapter 14 Statement of Cash Flows Key Topics Highlights the major activities that impact cash flows Shows whether the company can repay its debts and if it is generating enough cash to remain viable Asset accounts: Beginning balance + Debits Credits = Ending balance All others: Beginning balance Debits + Credits = Ending balance Summarizes all cash inflows and outflows during a period.
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Analyzing accounts receivable according to when they are due. Writing Off an Account. Canceling the balance of a customer account because the customer does not pay. Direct Write-off.
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T/F: The Prepaid Insurance account is adjusted to show the value of insurance that has been used. True. T/F: During a fiscal period, the amount of merchandise on hand increases and.
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