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The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Use the options from the drop-down button to
The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Use the options from the drop-down button to indicate the proper classification for each of the following transactions and the correct sign, + or - (see example below): Example: Purchase of supplies ---> [ - ] Operating Activity Net income Choose... Payment of cash dividends Choose... Depreciation of machinery Choose... Loss on sale of equipment Choose... Decrease of unearned revenues during the year Choose... Increase in accounts receivable during the Choose... year Sale of buildings Choose... Issuance of ordinary shares Choose
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