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1. Classify the following accounts into the tree sections of cash flow statement. (4 marks) No. Account name Classifications into operations, investment and 1 Inventory
1. Classify the following accounts into the tree sections of cash flow statement. (4 marks) No. Account name Classifications into operations, investment and 1 Inventory 2 Accounts receivable 3 Interest expense 4 Fixed assets 5 Bonds issued 6 Bonds purchased 7 dividends 8 Common stocks 9 Accounts payable 10 Loans from banks 11 Income tax paid 12 Sales 13 Cost of goods sold 14 Long term investments 15 Notes relivable financing activities
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