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Distinguish between the different types of activities on astatement of cash flows. Which of the following scenarios is an operating activity? a.) Pat received $900

Distinguish between the different types of activities on astatement of cash flows.

Which of the following scenarios is an operating activity?

  • a.)
  • Pat received $900 in cash paid to him as an owner drawing.
  • b.)
  • The Shear Talentpaid the bank $750 toward the principle of the mortgage loan.
  • c.)
  • The Tasty Treatrecorded $2,500 in expenses last quarter.
  • d.)
  • The Burger Place currently has a $1,800 credit on their account with their food supplier.

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