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Please correct my answers that I mistook. Options are: Operating, Investing, Financing and NA Purchase fertilisers for $1,800 cash Investing Outflow Receive payment from customer
Please correct my answers that I mistook.
Options are: Operating, Investing, Financing and NA
Purchase fertilisers for $1,800 cash Investing Outflow Receive payment from customer $18,000 Operating Inflow Sell 90 boxes to vegetables to various restaurants' $13.500 on account Investing Inflow Pay neighbouring farm $1,000 for months use of land Operating yer Outflow Operating Depreciation expense for the month $15,750 Outflow v* X Paid employees $5,500 their monthly wages Operating av Outflow The owner used $2,000 cash from the business to Financing Outflow X pay their personal credit card The owner wins money in the lotto and contributes $40,000 to the Operating X Inflow Make Operating Outflow X arrangements with the neighbouring farm to use land for a fee of $500 per fortnight Receive interest on bank investments $3,000 Operating Inflow Sell 120 boxes of vegetables on credit $11,000 Not Applicable w No Cash-flow v Paid annual insurance Operating Outflow premium $14,500 Sell the equivalent of 12 boxes of vegetables for cash $4,500 Investing Inflow yr Withdraw vegetables for own use $1,000 Not Applicable y No Cash-flow Donated $2,800 worth of vegetables to charity groups Financing vx Outflow X Paid quarterly telephone and internet charges Operating vv OutflowStep by Step Solution
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