Matching
Match the following classifications on the statement of cash flows with the events listed below.Unless otherwise indicated,assume payments made or received are for cash.
Premises:
Purchased Available-for-Sale Securities
Purchased Land by issuing a long-term note payable.
Paid a cash dividend.
Paid utilities.
Borrowed money after signing a 5 year note payable
Issued Preferred Stock for cash
Purchased Building for cash.
Distributed a stock dividend
Sold treasury stock.
Collected an accounts receivable.
Responses:
Not on cash flow statement.
Financing
Operating
Investing
Noncash Financing and Investing Event
Correct Answer:
Premises:
Responses:
Purchased Available-for-Sale Securities
Purchased Land by issuing a long-term note payable.
Paid a cash dividend.
Paid utilities.
Borrowed money after signing a 5 year note payable
Issued Preferred Stock for cash
Purchased Building for cash.
Distributed a stock dividend
Sold treasury stock.
Collected an accounts receivable.
Premises:
Purchased Available-for-Sale Securities
Purchased Land by issuing a long-term note payable.
Paid a cash dividend.
Paid utilities.
Borrowed money after signing a 5 year note payable
Issued Preferred Stock for cash
Purchased Building for cash.
Distributed a stock dividend
Sold treasury stock.
Collected an accounts receivable.
Responses:
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