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Classifying inflows and outflows of cash Classify each of the following items as an inflow (I) or an outflow (O) of cash. Items Change ($)

Classifying inflows and outflows of cash

Classify each of the following items as an inflow (I) or an outflow (O) of cash.

Items Change ($)
Cash +150
Acc Payable +1100
Notes Payable -530
Fixed assets +550
Sale of stock +950
Depreciation +110
Cash dividends +540
Accounts Receivable -460
Inventory -160
Repurchase of stock +475
Long term debt -1890
net profit +380

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