Solved

Match Each of the Following with the Appropriate Section of the Statement

Question 228

Matching

Match each of the following with the appropriate section of the statement of cash flows

Premises:
Paid utilities expenses
Sale of used equipment
Paid employee wages
Purchase of land
Dividends paid to stockholders
Borrowed money from a bank on a long-term note
Responses:
Operating
Financing
Investing

Correct Answer:

Paid utilities expenses
Sale of used equipment
Paid employee wages
Purchase of land
Dividends paid to stockholders
Borrowed money from a bank on a long-term note
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