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Homework answers / question archive / For each of the events listed below, select the category that best describes its effect on a statement of cash flows

For each of the events listed below, select the category that best describes its effect on a statement of cash flows

Accounting

  1. For each of the events listed below, select the category that best describes its effect on a statement of cash flows. Your categories are as follows:

a.      Cash provided/used by operating activities

b.      Cash provided/used by investing activities

c.      Cash provided/used by financing activities

d.      Not a cash flow item

Events:

_____ 1. Payment on long-term debt

 _____ 2. Issuance of bonds at a premium

 _____ 3. Collection of accounts receivable

 _____ 4. Cash dividends declared

 _____ 5. Issuance of shares to acquire land

 _____ 6. Sale of marketable securities (long-term)

_____ 7. Payment of employees' wages

 _____ 8. Issuance of common shares for cash

 _____ 9. Payment of income taxes payable

_____ 10. Purchase of equipment

 _____ 11. Purchase of treasury stock (common)

_____ 12. Sale of real estate held as a long-term investment

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