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Exercise 5-2 Qdentification Identify whether the following cash flow is an operating activity, investing activity, or financing activity. 1. Purchase of motor vehicle. 2. Additional
Exercise 5-2 Qdentification Identify whether the following cash flow is an operating activity, investing activity, or financing activity. 1. Purchase of motor vehicle. 2. Additional investment of owner. 3. Interest earned on bank account. 4. Collection from customers for services rendered. 5. Payment of salaries and wages. 6 Withdrawal of the owner. 7. Payment of interest on a bank loan. 8. Payment of principal of bank loan 9. Sale of furniture. 10. Purchase of office supplies
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