HW 11 # 2

Aurum Investments specializes in low-risk government bonds. Requirement 1. Identify each of Aurum's transactions as operating (O), investing (I), financing (F), noncash investing and financing (NIF), or a transaction that is not reported on the statement of cash flows (N). Indicate whether each item increases (+) or decreases () cash. The indirect method is used for operating cash flows. a. Acquisition of equipment by issuance of note payable ach of Aurum's transactions as operating (O), investing (I), financing (F), noncash investing and financing (NIF), or a n that is not reported on the statement of cash flows (N). Indicate whether each item increases ( + ) or decreases ( - ) ca ct method is used for operating cash flows. of equipment by issuance of note payable