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Home Q & A Board Other Fields Homework Help Business Accounting
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Tomm Tomm
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6 years ago
A cash flow statement is divided into the following sections: cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities. For each of the following events, state the section in which it would be listed.
a.   Received cash from issuance of long-term note payable
b.   Payment of interest (ASPE)
c.   Repurchase of shares
d.   Sale of land
e.   Received cash from customers
f.   Payment of dividends
g.   Purchase of equipment
h.   Issuance of 50 shares of common stock
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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1 Reply
ACC 925

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Replies
wrote...
#1
6 years ago
a.   financing activity
b.   operating activity
c.   financing activity
d.   investing activity
e.   operating activity
f.   financing activity
g.   investing activity
h.   financing activity
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