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Classify the following cash flows as either Operating, Investing, or Financing activities assuming indirect method. 1. Received cash payments from customers. 2. Paid cash for
Classify the following cash flows as either Operating, Investing, or Financing activities assuming indirect method. 1. Received cash payments from customers. 2. Paid cash for wages and salaries. 3. Received cash interest on a note. 4. Paid cash for property taxes on building. 5. Paid cash for utilities. 6. Paid cash for rent. 7. Received cash from sale of land. 8. Received cash from sale of equipment. 9. Received cash from long-term debt issuance. 10. Received cash from short-term debt issuance. Operating activities Operating activities
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