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Classifying inflows and outflows of cash: Classify each of the following items as an inflow or an outflow of cash, or as neither. Cash +100
Classifying inflows and outflows of cash: Classify each of the following items as an inflow or an outflow of cash, or as neither.
Cash | +100 |
Accounts payable | -1,000 |
Notes payable | +500 |
Long-term debt | -2,000 |
Inventory | +200 |
Fixed assets | +400 |
Accounts receivable | -700 |
Net profits | +600 |
Depreciation | +100 |
Repurchase of stock | +600 |
Cash dividends | +800 |
Sale of stock | +1,000 |
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