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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

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.)

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Outflow from operating activity
Inflow from financing activity
Inflow from operating activity
Outflow from investing activity
Outflow from financing activity

Received payments from accounts receivable.
Sold common stock for cash.
Purchased truck for cash.
Repaid a long-term bonds payable.
Paid employee insurance expense.

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