For each transaction provided in items 1 through 12, select the proper section of the statement of cash flows (direct method) in which it should be reported from the reporting categories provided A Cash provided used by financing activities B Cash provided used by investing activities C Cash provided used by operating activities D Disclosed in notes Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 1 Principal payment on long term note payable Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 2 Customers paid cash for inventory items Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 3 Cash dividends paid to stockholders Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 4 Issuance of stock for more than its par value Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 5 Payment of employees' salaries Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 6 Issuance of common stock for cash Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 7 Payment of income taxes Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 8 Issuance of bonds at a premium Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 9 Sale of available for sale securities (long term) Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 10 Purchase of equipment Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 11 Purchase of treasury stock Select Cash provided used by financing activities , Cash provided used by investing activities , Cash provided used by operating activities , Disclosed in notes 12 Sale of long term investment

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Posted on May 29, 2020

For each transaction provided in items 1 through 12, select the proper section of the statement of cash flows (direct method) in which it should

For each transaction provided in items 1 through 12, select the proper section of the statement of cash flows (direct method) in which it should be reported from the reporting categories provided.

A-Cash provided/used by financing activities

B-Cash provided/used by investing activities

C-Cash provided/used by operating activities

D- Disclosed in notes

	1. Principal payment on long-term note payable
	2. Customers paid cash for inventory items
	3. Cash dividends paid to stockholders
	4. Issuance of stock for more than its par value
	5. Payment of employees' salaries
	6. Issuance of common stock for cash
	7. Payment of income taxes
	8. Issuance of bonds at a premium
	9. Sale of available-for-sale securities (long-term)
	10. Purchase of equipment
	11. Purchase of treasury stock
	12. Sale of long-term investment

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ANSWER For each transaction provided in items 1 through 12the proper section of the statement of cash flows direct method in which it should be report... blur-text-image