JULIUCULTICserIDUUNIS Sed Help Save & Exit Slide 10 10 of 13 chapter 12: Reporting Cash Flows Distinguish between operating, investing, and financing activities, and describe how noncash investing and financing activities are disclosed. Knowledge Check 02 The following transactions and events occurred during the year. Indicate how each transaction would appear on its statement of cash flows by selecting an appropriate category Collected cash from sale of equipment, Select Collected cash from customers on account select Operating Activity Investing Activity Financing Activity Noncash Investing and Financing Activity Collected dividends on investments in securities Converted preferred stock to common stock select submit answer & continue of 7 11 Next > Slide 11 - 11 of 13 hapter 12: Reporting Cash Flows Distinguish between operating, investing, and financing activities, and describe how noncash investing und financing activities are disclosed. Knowledge Check 03 The following transactions and events occurred during the year. Indicate how each transaction would appear on its statement of cash flows by selecting an appropriate category Paid cash to purchase inventory Paid cash to retire bonds payable select select Financing Activity Operating Activity Noncash Inyesting and Financing Activity Investing Activity Paid cash dividend to shareholders Paid cash to purchase a patent Select submit answer & continue Prev 107 Next > Help Save & EX Slide 12 ) 12 of 13 chapter 12 Reporting Cash Flows Distinguish between operating, investing, and financing activities, and describe how noncash investing and financing activities are disclosed. Knowledge Check 04 The following transactions and events occurred during the year indicate how each transaction would appear on its statement of cash flows by selecting an appropriate category Select Borrowed cash from bank by signing a long-term note payable ences Paid cash to purchase long-term investment securities Noncash Investing and Financing Activity Financing Activity Investing Activity Operating Activ Paid employees for salaries and wages select Paid interest on bonds payable submit answer & continue 1 6 7 Next > ere to search