Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac

Exercise 47

A Classifying cash flows
Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows:
a. Repurchase of common stock
b. Cash received from customers
c. Payment of accounts payable
d. Retirement of bonds payable
e. Purchase of equipment
f. Purchase of inventory for cash
B Classifying cash flows
Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows:
a. Purchase of investments
b. Disposal of equipment
c. Payment for selling expenses
d. Collection of accounts receivable
e. Cash sales
f. Issuance of bonds payable