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BLEM III statement of cash flows classifies all cash inflows and outflows into one of the three categories. Operating activities, B. Investing activities; C Financing
BLEM III statement of cash flows classifies all cash inflows and outflows into one of the three categories. Operating activities, B. Investing activities; C Financing activities; D.Noncashinvesting and financing activities UIRED: On a separate sheet, list the following items by NUMBER and indicate the appropriate sification category by writing this LETTER accordingly. Purchase of equipment for cash. . Payment of employee salaries.' . Collection of cash from customers. A . Cash proceeds from a note payable. 5. Purchase of common stock of another corporation for cash. 5. Issuance of common stock for cash. Sale of machinery for cash. Payment of interest on note payable. Issuance of bonds payable in exchange for land and building. Payment of cash dividends to shareholders. Increase in Accounts Receivable 7. . . 10. 11. 12. Decrease in Inventory Purchase of Treasury Stock Purchase of Building, but signing a Note Payable Decrease in Accrued liabilities 13. 14. 15
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