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Instructions: Each of the events below may have an effect on the statement of cash flows. Designate how the event should be reporied within the
Instructions: Each of the events below may have an effect on the statement of cash flows.
Designate how the event should be reporied within the statement of cash flows using the codes
provided below. Codes may be used more than once, or not at all.
Codes
A Investing activity; cash inflow
B Investing activity; cash outiflow
C Financing activity; cash inflow
D Financing activity; cash outitlow
E Operating activity; cash inflow.
F Operating activity; cash outfilow
G Noncash investing and financing activity
Events
Issued checks for the weekly payroll
Paid an account payable
Issued bonds payable for cash
Declared and paid a cash dividend
Paid cash for a new car for a traveling salesperson
Purchased treasury stock for cash
Paid cash for interest in another company
Received interest on a longterm bond investment
Converted bonds payable into common stock
Sold a longterm stock investment forcash at book value
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