Answer this please! Instructions: Classify each transaction whether they are operating, financing orinvesting. After which, indicate the reason for classification.Finally indicate the effect of the transactions to cash flows.TransactionsActivityReasonEffectAffects profitPayment to supplier of goodsOperatingDecrease Cashand lossPayment to supplier of servicesReceipt from goods soldReceipt from service renderedPayment to employeesPurchase of equipmentPurchase of fixturesPurchase of patentsPurchase of copyrightsPurchase trademarksPayment of interestProceeds from interestsPayment to ownersReceipts from ownersPayProceeds from long-term debtent of income taxesPayment of long-termProceeds from sale of vehicleProceeds from sale of patentProceeds from sale of trademarksCS Scanned with CamScanner

CFS termed as Cash Flow Statement is the statement which shows the financial performance of the…

Finally indicate the effect of the transactions to cash flows. Transactions Activity Reason Effect Affects profit Payment to supplier of goods Operating Decrease Cas and loss Payment to supplier of services

Finally indicate the effect of the transactions to cash flows. Transactions Activity Reason Effect Affects profit Payment to supplier of goods Operating Decrease Cas and loss Payment to supplier of services

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter7: Receivables And Investments

Section: Chapter Questions

Problem 7.19MCE

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Concept explainers

Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.

Question

Answer this please!

Instructions: Classify each transaction whether they are operating, financing or
investing. After which, indicate the reason for classification.
Finally indicate the effect of the transactions to cash flows.
Transactions
Activity
Reason
Effect
Affects profit
Payment to supplier of goods
Operating
Decrease Cash
and loss
Payment to supplier of services
Receipt from goods sold
Receipt from service rendered
Payment to employees
Purchase of equipment
Purchase of fixtures
Purchase of patents
Purchase of copyrights
Purchase trademarks
Payment of interest
Proceeds from interests
Payment to owners
Receipts from owners
Pay
Proceeds from long-term debt
ent of income taxes
Payment of long-term
Proceeds from sale of vehicle
Proceeds from sale of patent
Proceeds from sale of trademarks
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