CHAPTER 21 (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

1. Sale of land. 2. Issuance of common stock for cash. 3. Purchase of treasury stock. 4. Conversion of bonds payable to common stock. 5. Lease of equipment. 6. Sale of patent 7. Acquisition of building for cash. 8. Issuance of common stock for land. 9. Collection of note receivable (principal amount). 10. Issuance of bonds. 11. Issuance of stock dividend. 12. Payment of property dividend. 13. Payment of cash dividends. 14. Issuance of short-term note payable for cash. 15. Issuance of long-term note payable for cash. 16. Purchase of marketable securities ("available for sale"). 17. Payment of note payable. 18. Cash payment for five-year insurance policy. 19. Sale of equipment. 20. Issuance of note payable for equipment. 21. Acquisition of common stock of another corporation. 22. Repayment of long-term debt by issuing common stock. 23. Payment of semiannual interest on bonds payable. 24. Retirement of preferred stock. 25. Loan to another firm. 26. Sale of inventory to customers. 27. Purchase of marketable securities (cash equivalents)