On Swathmorea#39;s statement of operations for 2012, the use of the $50, 000 contribution for research in 2012 should be reported as anet ... would be included in the net cash provided (used) by operating activities on the statement of cash flows.
|Title||:||Wiley CPAexcel Exam Review 2014 Study Guide, Financial Accounting and Reporting|
|Author||:||O. Ray Whittington|
|Publisher||:||John Wiley & Sons - 2013-11-08|