Biology Forums - Study Force

Classify each of the following items as a source or use of cash by placing an X in each appropriate column. Assume transactions involve cash.

​	Source of Cash	Use of Cash
Purchase of new equipment	​	​
Repayment of loan payable	​	​
Payment by customers for accounts receivable balance	​	​
Issuance of common stock	​	​
Payment of dividends to stockholders	​	​
Sale of old delivery truck	​	​
Payment of federal income taxes	​	​
Receipt of interest on bank account	​	​
Payment for three-year insurance policy	​	​
Refund from major supplier for returned goods	​	​

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