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:
Premises:
Responses:
sale of used equipment
purchase of equipment with cash
purchase of treasury stock
purchase of equipment by issuing a note payable
Premises:
sale of used equipment
purchase of equipment with cash
purchase of treasury stock
purchase of equipment by issuing a note payable
Responses:
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