Example: Identify the category of the statement of cash flows in which each transaction would...
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Accounting
Example: Identify the category of the statement of cash flows in which each transaction would be reported Operating (O), Investing (I), Financing (F) or (Non-Cash Investing and Financing Activity (NIF) and indicate whether the item increases (+) or decreases (-) cash.
o Purchased Equipment for Cash
o Issued Preferred Stock for Cash
o Cash Received From Sales to Customers
o Cash Paid to Vendors
o Gain on Sale of Building
o Cash Payment of Income Taxes
o Purchased Treasury Stock
o Paid a Note Payable with Shares of Companys Common Stock.
o Decrease in Salaries Payable
o Loss on Sale of Land
o Cash Receipt from Issuance of Common Stock
o Net Income o Issuance of Note Payable to Borrow Cash
o Cash Receipt of Interest
o Payment of Cash Dividend
o Increase in Merchandise Inventory
o Depreciation Expense
o Increase in Current Liabilities
o Cash Payment for Acquisition of Plant Assets
o Decrease in Current Assets (other than Cash)
o Decrease in Accrued Liabilities
o Cash Payment for Interest on Note Payable
o Decrease in Accounts Receivable
o Cash Payment on Note Payable
o Cash Purchase of Equipment FREE CASH
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