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

Question 85

Matching

Match each of the following with the appropriate section of the Statement of Cash Flows

Premises:

Responses:

Operating

Paid employee wages

Operating

Paid utilities expenses

Financing

Borrowed money from a bank on a long-term note

Financing

Purchase of land

Investing

Sale of used equipment

Investing

Dividends paid to stockholders

Premises:

Operating

Financing

Investing

Responses:

Paid employee wages

Paid utilities expenses

Borrowed money from a bank on a long-term note

Purchase of land

Sale of used equipment

Dividends paid to stockholders

Correct Answer:

Premises:

Responses:

Operating

Financing

Investing