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2) Match each of the following to the correct item. (24pts) Bought Land for in exchange for Stock Select One Issued a Mortgage Payable -

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2) Match each of the following to the correct item. (24pts) Bought Land for in exchange for Stock Select One Issued a Mortgage Payable - receiving cash Increase in Inventories Depreciation Expense Increase in Prepaid Insurance Sold equipment for $4000 loss Increase in Accounts Receivable Select One Decrease in Operations No affect on Statement of Cash Flows Decrease in Operations Decrease in Operations Increase in Operations Decrease in Operations Increase in Financing No affect on Statement of Cash Flows Decrease in Operations Increase in Financing Increase in Operations Increase in Financing Decrease in Investments AND subtract from Operations Increase in Investments AND Add to Operations Decrease in Financing Issued Stock in our company for cash Sold Treasury Stock Paid Dividends Decrease in Accounts Payable O Type here to search Assessments 1) Identify the type of cash flow activity for each of the following events Purchased Copyrights Select One Financing Depreciation Expense Financing Investments Net Income Financing Issued Stock Investments Operations Paid Cash Dividends Investments Operations Purchased Land Operations Redeemed Bonds Financing 2) Match each of the following to the correct item. (24pts) Select One Bought Land for in exchange for Stock Issued a Mortgage Payable - receiving cash Selectione O Type here to search t Oo

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