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Match Each of the Following Line Items with the Type

Question 216

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:

purchase of a building in exchange for stock
payment of interest
recognition of amortization expense
purchase of office supplies
issuance of stock
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