Essay
Identify each of the following transactions as an operating activity (O), an investing activity (I), a financing activity (F), or a transaction that is not reported on the statement of cash flows (N).
a) ________ Decrease of supplies
b) ________ Decrease of accounts payable
c) ________ Declaration of cash dividends
d) ________ Purchase of building for cash
e) ________ Increase of accounts receivable
f) ________ Sold plant equipment for cash
g) ________ Borrowed money from a bank
h) ________ Payment on principal of a note
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a) O, b) O...View Answer
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