Question

For each item choose whether the activity would be classified as an operating, investing, or financing...

For each item choose whether the activity would be classified as an operating, investing, or financing activity on the statement of cash flows, or if it is a non-cash transaction. Use the following choices for you answer:

      -       A.       B.       C.       D.   

Payment of salaries

      -       A.       B.       C.       D.   

Purchasing a building

      -       A.       B.       C.       D.   

Issuance of preferred stock over par value

      -       A.       B.       C.       D.   

Purchase of treasury stock

      -       A.       B.       C.       D.   

Issuance of notes payable for Land

      -       A.       B.       C.       D.   

receipt of dividend income

      -       A.       B.       C.       D.   

Purchase of supplies

      -       A.       B.       C.       D.   

Lending money

      -       A.       B.       C.       D.   

Issuance of bonds payable

      -       A.       B.       C.       D.   

Payment of interest

      -       A.       B.       C.       D.   

payment of preferred dividends

      -       A.       B.       C.       D.   

cash received from the sale of equity securities

A.

Operating

B.

Investing

C.

Financing

D.

Non-cash

Homework Answers

Answer #1

Following show the classification -

A- Operating activity

B - Investing Activity

C- Fincing Activity

D - Non cash activity

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