1. Prepared by: Gabriela H. Schneider, CMA Northern Alberta Institute of Technology INTERMEDIATE ACCOUNTING Seventh Canadian Edition KIESO, WEYGANDT, WARFIELD, YOUNG, WIECEK

2. Appendix 23A Use of a Work Sheet Appendix 23A Use of a Work Sheet

3. . Use a work sheet to prepare a statement of cash flows. 9. Use a work sheet to prepare a statement of cash flows. Learning Objectives

4. Using a Work Sheet Aid in statement preparationAid in statement preparation Useful whenUseful when –Many adjustments required; or –Complex cash flow calculations required

5. Using a Work Sheet Guidelines for using the work sheet 1.Balance Sheet section – list debit balances separately from credit balances, regardless of the type of account 2.Bottom half of the work sheet is for statement data – cash outflows and inflows 3.Amounts entered on the work sheet are not journal entries

6. Work Sheet Format

7. Preparing the Work Sheet 1.Enter beginning and ending balance sheet balances 2.Enter debits and credits from the summary entries that explain changes in each account 3.Those entries that affect cash are then entered onto the bottom of the work sheet 4.Enter the increase/decrease in the cash balance on the cash line (or lines) at the bottom of the work sheet

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