Example: Identify the category of the statement of cash flows in which 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 Vendors

o Gain on Sale of Building

o Cash Payment of Income Taxes

o Purchased Treasury Stock

o Paid a Note Payable with Shares of Companys Common Stock.

o Decrease in Salaries Payable

o Loss on Sale of Land

o Cash Receipt from Issuance of Common Stock

o Net Income o Issuance of Note Payable to Borrow Cash

o Cash Receipt of Interest

o Payment of Cash Dividend

o Increase in Merchandise Inventory

o Depreciation Expense

o 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 FREE CASH