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Payment of $5,000 made to bank on a long-term mortgage note payable. Question 1 options: A) Operating Activity - Addition B) Operating Activity - Deduction
Payment of $5,000 made to bank on a long-term mortgage note payable. Question 1 options: A) Operating Activity - Addition B) Operating Activity - Deduction C) Investing Activity D) Financing Activity E) Noncash Schedule Corporate headquarters land is received as a donation. Question 2 options: A) Operating Activity - Addition B) Operating Activity - Deduction C) Investing Activity D) Financing Activity E) Noncash Schedule Save Question 3 (1 point) The Cash Flow Statement must be presented in the following order: Question 3 options: A) Operating Activity, Financing Activity, Investing Activity B) Operating Activity, Investing Activity, Non-cash schedule C) Financing Activity, Operating Activity, Investing Activity D) Operating Activity, Investing Activity, Financing Activity E) Investing Activity, Operating Activity, Financing Activity Save Question 4 (1 point) Bonds payable are converted into common stock. Question 4 options: A) Operating Activity - Addition B) Operating Activity - Deduction C) Investing Activity D) Financing Activity E) Noncash Schedule Save Question 5 (1 point) Sale of equipment. Question 5 options: A) Operating Activity B) Investing Activity C) Financing Activity Save Question 6 (1 point) Decrease of $4,500 in Accounts Payable - Indirect Method Question 6 options: A) Operating Activity - Addition B) Operating Activity - Deduction C) Investing Activity D) Financing Activity E) Non-cash Schedule Save Question 7 (1 point) Common stock is sold for cash above par value. Question 7 options: A) Operating Activity B) Investing Activity C) Financing Activity D) Noncash Activity Save Question 8 (1 point) Cash dividends declared and paid. Question 8 options: A) Operating Activity - Addition B) Operating Activity - Deduction C) Investing Activity D) Financing Activity E) Noncash Schedule Save Question 9 (1 point) Purchase of land. Question 9 options: A) Operating Activity B) Investing Activity C) Financing Activity Save Question 10 (1 point) Common stock is sold for cash above par value Question 10 options: A) Operating Activity - Addition B) Operating Activity - Deduction C) Investing Activity D) Financing Activity E) Noncash Schedule Save Question 11 (1 point) Receipt of dividends on investment. Question 11 options: A) Operating Activity B) Investing Activity C) Financing Activity Save Question 12 (1 point) Decrease in Salaries Payable - Indirect Method Question 12 options: A) Operating Activity - Addition B) Operating Activity - Deduction C) Investing Activity D) Financing Activity E) Noncash Schedule Save Question 13 (1 point) Net Loss of $5,000 - Indirect Method Question 13 options: A) Operating Activity - Addition B) Operating Activity - Deduction C) Investing Activity D) Financing Activity E) Noncash Schedule Save Question 14 (1 point) Accounts payable are paid in cash. Question 14 options: A) Operating Activity B) Investing Activity C) Financing Activity D) Noncash Activity Save Question 15 (1 point) Purchase of treasury stock. Question 15 options: A) Operating Activity B) Investing Activity C) Financing Activity
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