Question

Identify whether the following cash flow is an operating activity, investing activity, or financing activity. 1....

Identify whether the following cash flow is an operating activity, investing activity, or financing activity.

1. Purchase of motor vehicle. _____________________

2. Additional investment of owner. _____________________

3. Interest earned on bank account. _____________________

4. Collection from customers for services rendered. ______________________

5. Payment of salaries and wages. _____________________

6 Withdrawal of the owner. _____________________

7. Payment of interest on a bank loan. _____________________

8. Payment of principal of bank loan. ______________________

9. Sale of furniture. _____________________

10. Purchase of office supplies___________

Business   Accounting   
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Answer #1
1. Purchase of motor vehicle. Investing activity
2. Additional investment of owner. Financing activity
3. Interest earned on bank account. Operating activity
4. Collection from customers for services rendered. Operating activity
5. Payment of salaries and wages. Operating activity
6 Withdrawal of the owner. Financing activity
7. Payment of interest on a bank loan. Operating activity
8. Payment of principal of bank loan. Financing activity
9. Sale of furniture Investing activity
10. Purchase of office supplies Operating activity
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