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For each activity, use the drop-down menus to identify the appropriate section of the statement of cash flows where the transaction would be reported. Then
For each activity, use the drop-down menus to identify the appropriate section of the statement of cash flows where the transaction would be reported. Then identify whether it's an inflow, outflow, or does not impact cash flow. Section on the Statement of Cash Flows Inflow or Outflow Incurred utility expense on account. Paid employees wages for the week. Performed services for a customer on account. The business received cash from the owner in exchange for capital. Paid cash on accounts payable for office supplies purchased. app statement of cash flows where the transaction would be reported. Then identify whether it's an inflow, outflow, or does not impact cash flow. Section on the Statement of Cash Flows Inflow or Outflow Incurred utility expense on account. Paid employees wages for the week. Financing Performed services for a customer on account. Operating The business received cash from the owner in exchange for capital. Investing Paid cash on accounts payable for office supplies purchased. None whether it's an inflow, outflow, or does not impact cash flow. Section on the Statement of Cash Flows Inflow or Outflow Incurred utility expense on account. Paid employees wages for the week. Inflow Performed services for a customer on account. Outflow The business received cash from the owner in exchange for capital. Does not impact cash flow Paid cash on accounts payable for office supplies purchased
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