Directions: Classify each transaction whether they are operating, financing, investing or non- transaction. NATURE OF TRANSACTION 1. Cashreceived from customers 2. Cash paid to purchase equipment 3. Cash paid to suppliers 4. Purchase of goods on credit 5. Cash paid to employees 6. Cash received fom sale of fumiture 7. Depreciation expense 8. Cash paid to owners 9. Sale of goods on credit 10. Cash received fromgetting a loan froma bank CLASSIFICATION
Directions: Classify each transaction whether they are operating, financing, investing or non- transaction. NATURE OF TRANSACTION 1. Cashreceived from customers 2. Cash paid to purchase equipment 3. Cash paid to suppliers 4. Purchase of goods on credit 5. Cash paid to employees 6. Cash received fom sale of fumiture 7. Depreciation expense 8. Cash paid to owners 9. Sale of goods on credit 10. Cash received fromgetting a loan froma bank CLASSIFICATION
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter23: Statement Of Cash Flows
Section: Chapter Questions
Problem 1CE
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