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Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Use the following codes

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Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Use the following codes to indicate how the cash flow effect, if any, of each transaction would be reported on a statement of cash flows if the operating activities section is prepared using the direct method. (Choices may be used more than once.) Clear All Outflow from operating activity Sold common stock for cash. Inflow from financing activity Paid employee insurance expense Inflow from operating activity Purchased truck for cash. Outflow from investing activity Repaid a long-term bonds payable. Outflow from financing activity Received payments from accounts receivable

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