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Prob 12-1B First, classify each as "O" (operating), "I" (investing) or "F" (financing) activities. Then,...

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Accounting

Prob 12-1B First, classify each as "O" (operating), "I" (investing) or "F" (financing) activities. Then, indicate the effect on cash flow for eh... cash "inflow", a cash "outflow" or "no effect" on cash flows. (FYI: There are no "noncash investing or financing activities" in this problem. However, there are four transactions ("O", "I" or "F") that do not have a cash inflow or a cash outflow). Transaction Activity Affected Cash Inflow, Outflow or No cash flow effect. a Recorded deprecation expense on the plant assets b Incurred a loss on disposal of plant assets. C Acquired a building by paying cash. d Made principal repayments on a mortgage. e f g Issued common stock. Purchased shares of another company to be held as a long-term investment (purchased with cash). Paid cash dividends to common stockholders. h Sold inventory on credit. iPurchased inventory on credit. Paid wages to employees

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