CP12-1 (Static) Determining Cash Flow Statement Effects of Transactions [LO 12-1] For each of the following transactions, indicate whether operating (O), investing (0), or financing activities (F), or none of the activities. (NE) are affected and whether the effect is a cash inflow (t) or outflow (), or (NE) if the transaction has no effect on cash. Tip. Think obout the journal entry recorded for the transaction. The transaction affects net cash flows if and only if the account Cash is affected