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Below are several transactions that took place in Seneca Company last year 33 an Paid suppliers for inventory purchases b. Bought equipment for cash Paid

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Below are several transactions that took place in Seneca Company last year 33 an Paid suppliers for inventory purchases b. Bought equipment for cash Paid cash to repurchase its own stock d Collected cash from customers. e Paid wages to employees Equipment was sold for cash g. Common stock was sold for cash to investors h Cash dividends were declared and paid A long-term loan was made to a supplier Income taxes were paid to the government K Interest was paid to a lender Bonds were retired by paying the principal amount due. th Required: edicate how each of the above transaction would be classified on a statement of cash flows. As appropriate place an in the Operating Investing, or Financing column. Also place an Xin the Cash Inflow or Cash Outflow column Transaction Pala suppliers for inventory purchases Operating Activity Investing Activity Financing Activity Cashow Cashout 1 56 Na 100 Check my w . Indicate how each of the above transaction would be classified on a statement of cash flows. As appropriate, place an X in the Operating, Investing, or Financing column. Also, place an X in the Cash Inflow or Cash Outflow column Operating Activity Investing Activity Financing Activity Cash Inflow Cash Outflow b 0 d e 1 Transaction Pald suppliers for Inventory purchases Bought equipment for cash Pald cash to ropurchase its own stock Collected cash from customers Pald wages to employees Equipment was sold for cash Common stock was sold for cash to investors Cash dividends were declared and paid A long-term loan was made to a supplier Income taxes were paid to the government Interest was paid to a fondet Bonds were retired by paying the principal amount due 9 h

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