Question

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. ?

Business   Accounting   
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Answer #1

Answer:-

Transaction Activity Whether inflow or outflow
Sold goods Operating Inflow
Purchased building Investing Outflow
Issued capital stock Financing Inflow
Received cash dividends Investing Inflow
Paid cash dividends Investing Outflow
Purchased treasury stock Financing Outflow
Sold available-for-sale securities Investing Inflow
Made a loan Financing Outflow
Paid interest on loan Operating Outflow
Paid bond principal Financing Outflow
Received proceeds of insurance settlement Operating Inflow
Made contribution to charity Operating Outflow
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