Solved

Identify How Each of the Following Items Is Shown on the Statement

Question 96

Essay

Identify how each of the following items is shown on the statement of cash flows.Identify each as operating (O),investing (I),financing (F),or non-cash investing and financing (N).
 Item (O),(I),(F),(N) Cash received for the collection  of long-term notes receivable  Cash purchase of treasury stock  Land received in exchange for  issuance of common stock \begin{array} { | l | l | } \hline \text { Item } & ( \mathrm { O } ) , ( \mathbf { I } ) , ( \mathrm { F } ) , ( \mathrm { N } ) \\\hline \text { Cash received for the collection } & \\\text { of long-term notes receivable } & \\\hline \text { Cash purchase of treasury stock } & \\\hline \text { Land received in exchange for } & \\\text { issuance of common stock } & \\\hline\end{array}

Correct Answer:

verifed

Verified

\[\begin{array} { | l | l | }
\hline \t...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions