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Classification of Activities of the Statement of Cash Flow (Cash Flow Statement). Directions: Classify each of the following activities as: a. Operating Activities b. Investing

Classification of Activities of the Statement of Cash Flow (Cash Flow Statement). Directions: Classify each of the following activities as:

a. Operating Activities b. Investing Activities c. Financing Activities d. Investing or financing activities that do not affect cash

____ Depreciation Expense on plant assets for the year 20XX was $15,000.

____ Stock Investments of Estrella Corporation were purchased for $500,000 in cash.

____ Issued Preferred Stock for $150,000 in cash.

____ Equipment with a Book Value of $10,000 was sold for $10,000 cash.

____ I charge interest on a Note Receivable at 10% over 3 years.

____ Accounts Receivable increased during the period.

____ Paid $20,000 of Account Payable.

____ Bought a machine for $30,000 on credit and signed a long-term note payable.

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