Question
19. & 20. Each of the events below may have an effect on the statement of cash flows. Designate how the event should bereported within
19. & 20. Each of the events below may have an effect on the statement of cash flows. Designate how the event should bereported within the statement of cash flows using the codes provided below. Codes may be used more than once, or notat all.CodesA. Investing activity; cash inflowB. Investing activity; cash outflowC. Financing activity; cash inflowD. Financing activity; cash outflowE. Operating activity; cash inflowF. Operating activity; cash outflowG. Noncash investing and financing activityEvents_____ 1. Issued bonds payable for cash_____ 2. Paid an account payable_____ 3. Issued checks for the weekly payroll_____ 4. Purchased treasury stock for cash_____ 5. Paid cash for a new car for a traveling salesperson_____ 6. Declared and paid a cash dividend_____ 7. Converted bonds payable into common stock_____ 8. Received interest on a long-term bond investment_____ 9. Paid cash for 40% interest in another company_____ 10. Sold a long-term stock investment for cash at book value
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