Question

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FIN101

1. Classify the following changes in each of the accounts as either an outflow or an inflow of cash.

1. Is a decrease in land and buildings an inflow or an outflow of​ cash?
2. Is an increase in accounts payable an inflow or an outflow of​ cash?
3. Is a decrease in vehicles an inflow or an outflow of​ cash?
4. Is an increase in accounts receivable an inflow or an outflow of​ cash?
5. Is the payment of dividends an inflow or an outflow of​ cash? 

Answer 1

  

_______________________________

_______________________________

• Is a decrease in land and buildings an inflow or an outflow of​ cash? - Inflow of Cash as selling of Assets is an inflow

• Is an increase in accounts payable an inflow or an outflow of​ cash? - Inflow of Cash

• Is a decrease in vehicles an inflow or an outflow of​ cash? - Inflow of Cash

• Is an increase in accounts receivable an inflow or an outflow of​ cash? - Cash Outflow

• Is the payment of dividends an inflow or an outflow of​ cash? - Outflow of cash

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