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P4 5 Classifying inflows and outflows of cash Classify each of the following items as an inflow (I) or an outflow (O) of cash, or
P45 Classifying inflows and outflows of cashClassify each of the following items as an inflow (I) or an outflow (O) of cash, or as neither (N).
Problem P4-5: | ||||||
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Item | Change | I/O | Item | Change | I/O |
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Cash | 100 |
| Accts. Rec. | -700 |
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Accounts payable | -1000 |
| Net profits | 600 |
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Notes payable | 500 |
| Depreciation | 100 |
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Long-term debt | -2000 |
| Repurchase stk | 600 |
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Inventory | 200 |
| Cash dividends | 800 |
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Fixed assets | 400 |
| Sale of stock | 1000 |
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