Transaction Type of Activity 1. Issuance of common stock. Financing Cash Inflow or Outflow Cash inflow 2. Sale of land for cash. Investing Cash inflow 3. Purchase of treasury stock. Financing Cash outflow 4. Collection of an account receivable. 5. Issuance of a note payable. Operating Cash inflow Financing Cash inflow Operating Cash outflow 6. Purchase of inventory. 7. Repayment of a note payable. 8. Payment of employee salaries. Operating Cash outflow 9. Sale of equipment for a note receivable. Noncash Cash inflow 10. Issuance of bonds. Financing Cash inflow 11. Investment in bonds. 12. Payment of interest on bonds payable. 13. Payment of a cash dividend. 14. Purchase of a building. 15. Collection of a note receivable. Operating Cash inflow
Transaction Type of Activity 1. Issuance of common stock. Financing Cash Inflow or Outflow Cash inflow 2. Sale of land for cash. Investing Cash inflow 3. Purchase of treasury stock. Financing Cash outflow 4. Collection of an account receivable. 5. Issuance of a note payable. Operating Cash inflow Financing Cash inflow Operating Cash outflow 6. Purchase of inventory. 7. Repayment of a note payable. 8. Payment of employee salaries. Operating Cash outflow 9. Sale of equipment for a note receivable. Noncash Cash inflow 10. Issuance of bonds. Financing Cash inflow 11. Investment in bonds. 12. Payment of interest on bonds payable. 13. Payment of a cash dividend. 14. Purchase of a building. 15. Collection of a note receivable. Operating Cash inflow
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 13GI
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Question
Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction is reported in a statement of
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