Examine the listed business activities and decide if each is to be classified as a
Examine the listed business activities and decide if each is to be classified as a
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 3E
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Question
Examine the listed business activities and decide if each is to be classified as a:
Cash flow from operating activity |
Cash flow from investing activity |
Cash flow from financing activity |
Non-cash investing/financing activity |
(a) | Issue common stock for land | |
(b) | Pay dividends to common shareholders | |
(c) | Obtain proceeds on a long-term loan | |
(d) | Purchase equipment for cash | |
(e) | Buy inventory for resale | |
(f) | Sold common stock for cash | |
(g) | Purchased held to maturity bond | |
(h) | Gain on the sale of land | |
(i) | increase of |
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