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Chapter 11

Across
A format of the operating activities section of the statement of cash flows; the indirect method starts with net income, which is then converted to the net cash provided by a company's operating activities.
Activities that create revenues, expenses, gains and losses; a section of the statement of cash flows. Operating activities affect the income statement.
Activities that obtain from investors and creditors the cash needed to launch and sustain a business; a section of the statement of cash flows.
A statement that reports cash receipts and cash payments classified according to a company's major activities: operating, investing, and financing.
Down
Asset, liability, and stockholders' equity accounts that are not closed at the end of the period.
Activities that increase or decrease the long-term assets available to the business; a section of the statement of cash flows.
Long-lived assets, such as land, buildings, and equipment, used in the operation of the business. Also called fixed assets.