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Simulation 1 . Indicate whether each of the following should be classified as Operating, Investing or Financing Cash Flow on the Statement of Cash Flow
Simulation 1.
Indicate whether each of the following should be classified as Operating, Investing or Financing Cash Flow on the Statement of Cash Flow | Cash Flow Operating | Cash Flow Investing | Cash Flow Financing | |
1. | Payment of Inventory | |||
2 | Payment of Dividend | |||
3 | Cash Received from Sale of Equipment | |||
4 | Cash Sales | |||
5 | Issuance of Stock to Investors | |||
6 | Payment of Utility Bill | |||
7. | Payment of interest on long-term note payable | |||
8. | Purchase of Treasury Stock | |||
9 | Gain on Sale of Equipment | |||
10 | Issuance of long-term bonds |
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