Place an X in the appropriate columns to indicate how each transaction is classified and how cash is affected:

Situation Operating Investing Financing Activity Activity Activity Inflow (+) Effect on Cash Outflow No (-) Effect a. Paying off accounts payable with cash. b. Issuance of bonds for cash. c. Retirement of common stock with cash. d. Collection of accounts receivable with customer cash. e. Recognize depreciation expense. f. Acquired equipment by issuing common stock