Identify cash flows. ( \(L O\) I)

For each of the following items, tell whether it is a cash inflow or cash outflow and the section of the statement of cash flows in which the item would appear. (Assume the direct method is used.)

Transcribed Image Text:

Item a. Cash paid to vendor for supplies b. Purchase of treasury stock c. Principal repayment on bonds d. Interest payment on bonds e. Cash paid for salaries f. Cash from issuance of common stock g. Cash dividends paid h. Cash paid for rent and utilities i. Purchase of computer for cash j. Cash paid for company vehicle. k. Income taxes paid Inflow or Outflow Section of the Statement