Showing posts with label operating. Show all posts
Showing posts with label operating. Show all posts

Monday, September 23, 2019

Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows

Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows.

a. Purchase of investments
b. Disposal of equipment
c. Payment for selling expenses
d. Collection of accounts receivable
e. Cash sales
f. Issuance of bonds payable


Answer:
a. Investing
b. Investing
c. Operating
d. Operating
e. Operating
f. Financing

Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows

Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows.

a. Payment of accounts payable
b. Payment for administrative expenses
c. Purchase of land
d. Issuance of common stock
e. Retirement of bonds payable
f. Cash received from customers


Answer:
a. Operating
b. Operating
c. Investing
d. Financing
e. Financing
f. Operating