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Cash Sales 50000 inventory purchased on account Account Sales 60000 COGS 55000 Operating Activities Depreciation on Building 31000 Investing Activities Depreciation on Equipment 2000 Financing

Cash Sales 50000 inventory purchased on account
Account Sales 60000
COGS 55000
Operating Activities
Depreciation on Building 31000 Investing Activities
Depreciation on Equipment 2000 Financing Activities
Cash collections on accounts receivable 38000
Cash payments on accounts payable for invetory 39000
rent expense 11000
Common stock issued 240000
land valued 106000
equipment purchased of rcash 84000
Dividends 46000 not yet paid
dividends paid in cash 15000
interest 16000
machine sold 12000
January 1 operating lease 200000 first lease payment January 1 19000

What are the operating activities, what are the investing activities and what are the financing activities?

ISBN: 1-1339-5791-9 Practice Question 5-1. Compute cash from operating activities, investing activities, and fiancing activities.

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