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For each transaction identify the appropriate section in the statement of cash flows reports transaction to choosing cash flows from operating activities (o) cash flow
For each transaction identify the appropriate section in the statement of cash flows reports transaction to choosing cash flows from operating activities (o) cash flow from investing activities (I) cash flowfrom financing activities (f) or it is not on the statement of cash flows (x) *** Section on the Positive (+) or negative (-) cash flow statement of cash flows Transaction The business received cash from the owner in exchange for a. capital. b. Paid cash on accounts payable for office supplies purchased. c. Performed services for a customer on account. d. The owner withdrew cash. e. Received cash from a customer for services performed. f. Purchased equipment with cash. g. Paid rent for the month. h. Purchased land; signed a note payable. i. Paid employees wages for the week. 1. Incurred utility expense on account. Send a chat O
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