Example: Identify the category of the statement of cash flows inwhich each transaction would be reported – Operating (O), Investing(I), Financing (F) or (Non-Cash Investing and Financing Activity(NIF) and indicate whether the item increases (+) or decreases (-)cash.

o Purchased Equipment for Cash

o Issued Preferred Stock for Cash

o Cash Received From Sales to Customers

o Cash Paid to Vendorso Gain on Sale of Building

o Cash Payment of Income Taxes

o Purchased Treasury Stock

o Paid a Note Payable with Shares of Company’s Common Stock

o Decrease in Salaries Payable

o Loss on Sale of Land

o Cash Receipt from Issuance of Common Stock

o Net Incomeo Issuance of Note Payable to Borrow Cash

o Cash Receipt of Interesto Payment of Cash Dividend

o Increase in Merchandise Inventory

o Depreciation Expenseo Increase in Current Liabilities

o Cash Payment for Acquisition of Plant Assets

o Decrease in Current Assets (other than Cash)

o Decrease in Accrued Liabilities

o Cash Payment for Interest on Note Payable

o Decrease in Accounts Receivable

o Cash Payment on Note Payable

o Cash Purchase of Equipment