Question
Classify these into operating,investing and financing activities 1. Payment to suppliers 2. Payment to long term creditors 3. Cash collection from customers 4. Cash payments
Classify these into operating,investing and financing activities
1. Payment to suppliers
2. Payment to long term creditors
3. Cash collection from customers
4. Cash payments for maintenance expenses
5. Cash payments to acquire building
6. Cash receipts from rent to clients
7. Cash payments for salaries of employees
8. Sale on account
9. Purchases on account
10. Depreciation of machinery
11. Additional cash investment from owner
12. Cash payments for amounts borrowed
13. Cash receipts from a bank loan
14. Cash withdrawal of owners
15. Cash received for selling properties
16. Cash payments for advertising expense
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