You are provided with the following transactions that took place during a recent fiscal year.

Cash Inflow, Statement of Cash Flow Outflow, or Transaction Activity Affected No Effect?

(a) Purchased shares of common treasury stock.

(b) Paid a cash dividend to common stockholders.

(c) Recorded cash sales.

(d) Recorded sales on account.

(e) Recorded prepayment of insurance expense.

(f) Purchased supplies on account.

(g) Recorded amortization expense on a patent.

(h) Recorded and received interest revenue.

(i) Recorded cash proceeds from a sale of plant assets.

(j) Acquired land by issuing a note payable.

Instructions Complete the table indicating whether each item (1) affects operating (O) activities, investing

(I) activities, financing (F) activities, or is a noncash (NC) transaction reported in a separate schedule, and (2) represents a cash inflow or cash outflow or has no cash flow effect. Assume use of the indirect approach.

AppendixLO1