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2 The following cash transactions occurred during the period. Fill in the statement of cash flows on the left following US GAAP. Use the direct
2 The following cash transactions occurred during the period. Fill in the statement of cash flows on the left following US GAAP. Use the direct method for calculating cash flow from Operating Activities. and classify 1.0 Operating activities source 2.0 Operating activities uses,3.0 Investing activities -Source 4.0 Investing activities - uses 5.0 Financing activities -source 6.0 Financing activities - uses Item Bank Interest received in cash $18,000 Interest received in cash Interest received in cash $18,000 Interest received in cash Purchase of a piece of equipment for cash $120,000 Purchase of a piece of equipment for cash Purchase of a piece of equipment for cash $120,000 Purchase of a piece of equipment for cash Distribution of cash dividend declared last year $25,000 Distribution of cash dividend declared last year Distribution of cash dividend declared last year $25,000 Distribution of cash dividend declared last year Payment of wages to employees $35,000
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