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Match Each of the Following with the Appropriate Section of the Statement

Question 62

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:

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
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