Companies can use a spreadsheet to complete the statement of cash flows. Each item that follows is recorded in the transaction analysis columns of the spreadsheet. Net income
Increases in current assets (other than Cash)
Decreases in current liabilities
Cash payment for the acquisition of plant assets
Cash receipt from the issuance of common stock
Depreciation expense
Identify each as being recorded by a Debit or Credit in the statement of cash flows section of the spreadsheet.