Matching
Classify the following activities according to the appropriate section of the statement of cash flows:
Premises:
Cash received from a one-time sale of used office equipment.
Cash received from customers.
Cash paid for utilities.
Cash paid for dividends.
Cash paid for a delivery van to be used in the business.
Cash received from stockholders from issuance of stock.
Responses:
Investing activity
Financing activity
Operating activity
Correct Answer:
Premises:
Responses:
Cash received from a one-time sale of used office equipment.
Cash received from customers.
Cash paid for utilities.
Cash paid for dividends.
Cash paid for a delivery van to be used in the business.
Cash received from stockholders from issuance of stock.
Premises:
Cash received from a one-time sale of used office equipment.
Cash received from customers.
Cash paid for utilities.
Cash paid for dividends.
Cash paid for a delivery van to be used in the business.
Cash received from stockholders from issuance of stock.
Responses:
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