Solved

Match Each of the Following Line Items with the Type

Question 262

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:
sale of used equipment
purchase of equipment with cash
purchase of treasury stock
purchase of equipment by issuing a note payable
Responses:
noncash item
investing activities
operating activities
financing activities

Correct Answer:

sale of used equipment
purchase of equipment with cash
purchase of treasury stock
purchase of equipment by issuing a note payable
Related Questions