Question
. Place an X in the appropriate columns for each of the following situations. Non- Cash Flows Classification Effect on cash Operating Investing Financing Cash
. Place an X in the appropriate columns for each of the following situations.
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| Non- | |
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| Cash Flows Classification | Effect on | cash | |||
|
| Operating | Investing | Financing | Cash | Trans- | |
| Transaction | Activity | Activity | Activity | + | - | action |
a. |
Sale of land for cash
|
__ |
__ |
__ |
__ |
__ |
__ |
b. | Issuance of bonds for cash
| __ | __ | __ | __ | __ | __ |
c. | Paying off accounts payable
| __ | __ | __ | __ | __ | __ |
d. | Acquired land using common stock | __ | __ | __ | __ | __ | __ |
e | Paid $10,000 cash dividend
| __ | __ | __ | __ | __ | __ |
f.
| Collected $1,000 accounts receivable
| __ | __ | __ | __ | __ | __ |
g. | Purchased building using cash
| __ | __ | __ | __ | __ | __ |
h. | Net Income
| __ | __ | __ | __ | __ | __ |
i. | Sales of inventory on account
| __ | __ | __ | __ | __ | __ |
j. | Issue common stock to retire bonds | __ | __ | __ | __ | __ | __ |
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