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Classify each transaction as either a(n)operating activity, investing activity, financing activity, or non-cash investing and financing activity by placing a X in the correct column.
Classify each transaction as either a(n)operating activity, | ||||||||||
investing activity, financing activity, or non-cash investing and financing activity | ||||||||||
by placing a X in the correct column. | ||||||||||
Operating | Investing | Financing | Non-cash invest/fin | |||||||
a. | a. | Decrease in prepaid expense. | ||||||||
b. | b. | Increase in accounts payable. | ||||||||
c. | c. | Purchase of treasury stock. | ||||||||
d. | d. | Building is sold for cash at book value. | ||||||||
e. | e. | Bonds payable are converted into common stock. | ||||||||
f. | f. | Equipment is purchased for cash. | ||||||||
g. | g. | Issued preferred stock above par value. | ||||||||
h. | h. | Receipt of dividends on investment in stock. | ||||||||
i. | i. | Bonds payable are issued for cash at a discount. | ||||||||
j. | j. | Decrease in accounts receivable. | ||||||||
k. | k. | Cash dividends are paid. | ||||||||
l. | l.. | Increase in inventory. |
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