Question
Identify whether each of the following would be reported as an Operating , Investing, or Financing activity on the statement of cash flows: Operating Activities
Identify whether each of the following would be reported as an Operating, Investing, or Financing activity on the statement of cash flows:
Operating Activities
Investing Activities
Financing Activities
| Purchase treasury stock |
| Pay employees |
Investing activity | Disposal of equipment |
Operating activity | Cash sales |
| Issue long term liabilities |
Indicate whether each of the following accounts represents an Asset, Liability or stockholders equity account:
Assets
Liabilities
Stockholders Equity
| Accounts Payable |
| Preferred Stock |
| Bond Payable |
| Allowance for Doubtful Account |
| Inventory |
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