Question

Classify each item by type of business activity—operating (O), investing (I), or financing (F). Also indicate...

Classify each item by type of business activity—operating (O), investing (I), or financing (F). Also indicate whether it results in an inflow or outflow of cash. (a) _________ Loan taken out from a bank (b) _________ Cash received from customers (c) _________ Sale of office equipment that company is done using (d) _________ Dividends paid to shareholders (e) _________ Common shares issued to investors (f) _________ Loan repayment (g) _________ Payment to supplier for inventory (h) _________ Purchase of an office building (i) _________ Salaries paid

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Indicate the type of activity each of the following transactions represents (operating, investing, or financing) and...
Indicate the type of activity each of the following transactions represents (operating, investing, or financing) and whether it is an inflow or an outflow. Sold goods. ? Purchased building. ? Issued capital stock. ? Received cash dividends. ? Paid cash dividends. ? Purchased treasury stock. ? Sold available-for-sale securities. ? Made a loan. ? Paid interest on loan. ? Paid bond principal. ? Received proceeds of insurance settlement. ? Made contribution to charity. ?
Classify each of the following as an operating​ activity, an investing​ activity, or a financing activity....
Classify each of the following as an operating​ activity, an investing​ activity, or a financing activity. Also identify those items that are not reported on the statement of cash flows prepared by the direct method. a. Net income b. Payment of dividends c. Borrowing d. Payment of cash to suppliers e. Making a loan f. Receipt of cash dividends g. Depreciation expense h. Purchase of equipment i. Issuance of shares j. Purchase of another company k. Payment of a note...
Classify each of the following transactions as an​ operating, investing, or financing​ activity; or a noncash...
Classify each of the following transactions as an​ operating, investing, or financing​ activity; or a noncash investing and financing activity. Transaction Type of Activity 1. Payment of salaries Operating 2. Purchase of land with cash 3. Issuance of stock 4. Repayment of long-term notes 5. Payment of rent Operating
Identify the Cashflow Activity - Operating (O), Investing (I), Financing (F), NonCash (NC) Instructions: Complete the...
Identify the Cashflow Activity - Operating (O), Investing (I), Financing (F), NonCash (NC) Instructions: Complete the table below by indicating the Cashflow Activity and whether it is positive or negative cash (10pts) Transaction Cashflow Activity (O,I,F,NC) Cashflow -/+ 1. Collected an Accounts Receivable $4,000 2. Declared and paid $1 dividend/per share on 10,000 common shares 3. Sold long term investments in the common stock of FaceBook for $8,000 cash 4.Issued common shares in exchange for new equipment (worth $5,000) 5....
Question 2 Classify each of the following as an operating, investing, or financing activity under ASPE:...
Question 2 Classify each of the following as an operating, investing, or financing activity under ASPE: Loaning money Receipt of cash from issuance of bonds payable Receiving cash from customers Receiving interest revenue Payments for inventory Payments for interest Receipt of cash from sale of equipment Payments of acquisition of land Receipt of cash from issuance of stock Dividends paid to shareholders Receipt of dividend income Payment of salaries to employees Payment of taxes
Indicate on the blanks below the letter of the type of activity (O = operating activity,...
Indicate on the blanks below the letter of the type of activity (O = operating activity, F = financing activity, I = investing activity, N = noncash transaction) each of the following transactions represents. If a transaction is N – Noncash it is ONLY noncash. ______ a. Bought land and buildings by taking out a long-term mortgage payable ______ b. Declared and paid cash dividends ______ c. Received interest income in cash ______ d. Collected on Accounts Receivable in cash...
Q. 1 With respect to cash flow statement, classify the following activities into financing, investing and...
Q. 1 With respect to cash flow statement, classify the following activities into financing, investing and operating: 1. Buying goods 2. Purchase of long term investments 3. Loan taken from bank 4. Acquiring a new company 5. Cash paid for new equipment 6. Profit made during the period 7. Cash paid to supplier 8. Further equity issued 9. Bought a new factory building 10. Dividend paid.
1. For each transaction, indicate whether a company would classify the related account as an asset,...
1. For each transaction, indicate whether a company would classify the related account as an asset, liability, stockholders' equity, dividend, revenue, or expense. Transactions Related Accounts Account Classification 1. Receive cash from investors. Common Stock 2. Pay rent for the current period. Rent Expense 3. Purchase office equipment. Equipment 4. Pay cash to stockholders. Dividends 5. Provide services to customers. Service Revenue 2. Account classifications include assets, liabilities, stockholders' equity, dividends, revenues, and expenses. Indicate the account classification for each...
Each of the events below may have an effect on the statement of cash flows. Designate...
Each of the events below may have an effect on the statement of cash flows. Designate how the event should be reported within the statement of cash flows using the codes provided below. Codes may be used more than once, or not at all. Codes I + Investing activity; cash inflow I - Investing activity; cash outflow F + Financing activity; cash inflow F - Financing activity; cash outflow O + Operating activity; cash inflow O - Operating activity; cash...
Each of the events below may have an effect on the statement of cash flows. Designate...
Each of the events below may have an effect on the statement of cash flows. Designate how the event should be reported within the statement of cash flows using the codes provided below. Codes may be used more than once, or not at all. codes I + investing activity; cash inflow I – investing activity; cash outflow F + financing activity; cash inflow F – financing activity; cash outflow O + operating activity; cash inflow O – operating activity; cash...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT