Matching
Match each of the following line items with the type of activity found on the statement of cash flows.Each activity can be used more than once.
Premises:
purchase of a building in exchange for stock
payment of interest
recognition of amortization expense
purchase of office supplies
issuance of stock
Responses:
investing activities
operating activities
financing activities
noncash item
Correct Answer:
Premises:
Responses:
purchase of a building in exchange for stock
payment of interest
recognition of amortization expense
purchase of office supplies
issuance of stock
Premises:
purchase of a building in exchange for stock
payment of interest
recognition of amortization expense
purchase of office supplies
issuance of stock
Responses:
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