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Classify the following cash flow-related activities into: A. Operating activities (inflow; or outflow) B. Investing activities (inflow; or outflow) C. Financing activities (inflow; or outflow)
Classify the following cash flow-related activities into:
A. Operating activities (inflow; or outflow)
B. Investing activities (inflow; or outflow)
C. Financing activities (inflow; or outflow)
D. No cash flow
QUESTIONS:
1. Cash sale of merchandise inventory (use the periodic inventory system)
2. Declaration of cash dividends
3. Declaration of stock dividends
4. Purchase of treasury stock
5. Resale of treasury stock
6. Raw materials issued to production (use the periodic inventory system)
7. Cash refund for raw materials returned (use the perpetual inventory system)
8. Short-term bank borrowing
9. Long-term bank borrowing
10. Purchase of trading securities
11. Cash sale of finished goods (use the perpetual inventory system)
12. Credit sale of merchandise (use the periodic inventory system)
13. Collection of trade accounts receivable
14. Collection of notes receivable (non-trade)
15. Purchase of raw materials issuing a note (use the perpetual inventory system)
16. Purchase of long-term stock securities
17. Interest payment for note in no. 9
18. Interest payment for note in no. 15
19. Cash purchase of office equipment
20. Cash purchase of bond securities to be held up to maturity date
21. Dividend income received from trade notes receivable
23. Interest income received from no. 20
24. Payment of cash dividends
25. Distribution of stock dividends
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