Matching
Match each activity below with the proper classification
Premises:
Collection of interest on a note receivable
Payment of debt principal with cash
Sales of operational assets
Payment of cash dividends
Issuance of shares for cash
Borrowing cash from the bank
Purchase of operational assets for cash
Collections of dividends on long term investments
Responses:
Investing
Financing
Operating
A & C
Correct Answer:
Premises:
Responses:
Collection of interest on a note receivable
Payment of debt principal with cash
Sales of operational assets
Payment of cash dividends
Issuance of shares for cash
Borrowing cash from the bank
Purchase of operational assets for cash
Collections of dividends on long term investments
Premises:
Collection of interest on a note receivable
Payment of debt principal with cash
Sales of operational assets
Payment of cash dividends
Issuance of shares for cash
Borrowing cash from the bank
Purchase of operational assets for cash
Collections of dividends on long term investments
Responses:
Related Questions
Q55: The acquisition of a building by issuing
Q56: Capital expenditures are a normal use of
Q57: Which of the following transactions is not
Q58: While creditors rely heavily on cash flow
Q60: The information in statement of cash flows
Q61: One of the primary purposes of the
Q62: Mason Corporation reported a net loss of
Q63: The following information is provided from
Q64: Cash flow from investing activities is considered
Q66: Financing activities involve<br>A) lending money.<br>B) acquiring investments.<br>C)