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CH21 (10.) Listed below are transactions that might be reported as investing and/or financing activities on a statement of cash flows. Possible reporting classifications of
CH21 (10.)
Listed below are transactions that might be reported as investing and/or financing activities on a statement of cash flows. Possible reporting classifications of those transactions are provided also. Required: Indicate the reporting classification of each transaction by entering the appropriate classification code. (The first item is provided as an example.)
Classifications | ||
+ | I | Investing activity (cash inflow) |
I | Investing activity (cash outflow) | |
+ | F | Financing activity (cash inflow) |
F | Financing activity (cash outflow) | |
N | Noncash investing and financing activity | |
X | Not reported as an investing and/or a financing activity | |
Classifications 1. 2. 3. x 5 7. x
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