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Classifying inflows and outflows of cash Classify each of the following items as an inflow (1) or an outflow (O) of cash, or neither (N).
Classifying inflows and outflows of cash Classify each of the following items as an inflow (1) or an outflow (O) of cash, or neither (N). Item Cash Balance Accounts payable Notes payable Long-term debt Inventory Fixed assets Change ($) - 270 -1,110 + 1,560 + 900 + 280 + 420 Item Accounts receivable Net profits Depreciation Repurchase of stock Cash dividends Sale of stock Change ($) + 1,670 + 910 + 1,180 + 820 + 710 + 900 (Select from the drop-down menu.) Classification (1/0) Item Cash Balance Change ($) - 270 O (Select from the drop-down menu.) Classification (1/0) Item Accounts payable Change ($) - 1,110 O (Select from the drop-down menu.) Classification (1/0) Item Notes payable Change ($) + 1,560 1
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