Matching
Match each of the following with the appropriate section of the Statement of Cash Flows
Premises:
Borrowed money from a bank on a long-term note
Purchase of land
Sale of used equipment
Dividends paid to stockholders
Paid utilities expenses
Paid employee wages
Responses:
Sale of used equipment
Purchase of land
Paid utilities expenses
Borrowed money from a bank on a long-term note
Paid employee wages
Dividends paid to stockholders
Correct Answer:
Premises:
Responses:
Borrowed money from a bank on a long-term note
Purchase of land
Sale of used equipment
Dividends paid to stockholders
Paid utilities expenses
Paid employee wages
Premises:
Borrowed money from a bank on a long-term note
Purchase of land
Sale of used equipment
Dividends paid to stockholders
Paid utilities expenses
Paid employee wages
Responses:
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