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QUESTION 2 5 Use the following legend to indicate how each of the following transactions would be reported on the statement of cash flows (
QUESTION
Use the following legend to indicate how each of the following transactions would be reported on the statement of cash flows assume
that the company uses the direct method in the Operating Activities section:
Inflow from operating activities
OO Outflow from operating activities
II Inflow from investing activities
OI Outflow from investing activities
IF Inflow from financing activities
OF Outflow from financing activities
NR Not reported in the body of the statement of cash flows but included in a supplemental schedule.
Purchased delivery truck for cash
OI
OF
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