Question
For each transaction listed below, indicate where it would be presented on the statement of cash flows. Enter the number corresponding to your answer in
For each transaction listed below, indicate where it would be presented on the statement of cash flows. Enter the number corresponding to your answer in the box provided. Answer choices may be used once, more than once, or not at all.
Proceeds from the sale of common stock?
Proceeds from the sale of land?
Collection of accounts receivable from sales of customers?
Cash received as interest from loans that were made to customers?
Purchase of a copyright for cash?
1. Operating Activity Cash Inflow
2. Operating Activity Cash Outflow
3. Investing Activity Cash Inflow
4. Investing Activity Cash Outflow
5. Financing Activity Cash Inflow
6. Financing Activity Cash Outlfow
Step by Step Solution
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Step: 1
Proceeds from the sale of common stock Financing activity cash inf...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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