In any statement (the income statement or the statement of financial position, each of the following accounting elements appears: Gross Profit First term merchandise Sales Operating Expenses Operating Expenses Benefits lands Inventory Prepaid Expenses Shareholders' Equity Retained earnings Reserves

In any item of the statement of financial position (assets, liabilities and equity) each of the following accounting items appears cash Long-term investments Prepaid Expenses Revenue received in advance Preferred Share Capital Treasury Shares

Determine which of the following cash flows are inflows and which are outflows: Increase in accounts payable Selling Stock Shortage of stock Increase in land net loss Repurchase of shares