Listed Below Are Several Transactions That Typically Produce Either an Increase

Essay

Listed below are several transactions that typically produce either an increase or a decrease in cash.Indicate by letter whether the cash effect of each transaction is reported on a statement of cash flows as an operating (O),investing (I),or financing (F)activity.
Transactions
_ Sale of preferred stock
____ Sale of equipment
____ Purchase of treasury stock
____ Merchandise sales
____ Issuance of a short-term note payable
____ Purchase of inventory
____ Repayment of note payable
____ Employee salaries
____ Sale of land
____ Issuance of bonds
____ Acquisition of bonds of another corporation
____ Payment of semiannual interest on bonds payable
____ Payment of a cash dividend
____ Purchase of an office building
____ Collection of nontrade note receivable (principal amount)
____ Loan to another firm
____ Retirement of common stock
____ Payment of income taxes
____ Issuance of a long-term note payable
____ Sale of a patent