1-

Operating activities resulting from the sales of goods and services relate to

retained earnings reported on the balance sheet.

assets and liabilities reported on the balance sheet.

the income statement.

net income on the retained earnings statement.

2-

The ________ section from the statement of cash flows would include the issuance of a stock dividend.

operating

financing

investing

None of these

3-

The ________ is needed to prepare the statement of cash flows.

accounts receivable ledger

accounts payable ledger

general journal

balance sheet from the beginning and ending of the period

4-

Which of the activities sections of the statement of cash flows would include a loss of $20,000 from the sale of equipment?

		Investing
		Operating
		Financing
		Would not be on the statement of cash flows