Jason & James have been running their business successfully for a number of years. They have been requested to

provide the bank with a Cash-flow Statement for last month. They provide you with the following transactions / events

and Jason and James ask for vour assistance

You are required to identify for each cash flow the correct classification, selecting from the drop down list; Operating,

Investing or Financing. You must also indicate whether the cash-flow is an inflow or outflow. Where you believe there is

no cash flow, use Not Applicable and No Cash-Flow label.

Transactions Classification Inflow/Outflow Owners Jason and James withdrew cash from the business >