Analyze each transaction listed in the table that follows and place X's is the appropriate columns to
Question:
Analyze each transaction listed in the table that follows and place X's is the appropriate columns to indicate the transaction's classification and its effect on cash flows using the indirectmethod.
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Cash Flow Classification Effect on Cash Flows Operating Investi ng Financing Noncash No Transaction 1. Increased accounts payable 2. Decreased inventor 3. Increased prepaid insurance 4. Earneda net income S. Declared and paid a cash ctivity Actilty Activity Transaction Increase Decrease Effect dividend. 6. Issued stock for cash. 7. Retired long-term debt by issuingstock 8. Purchased a long term investment with cash. 9. Sold trading securities at gain 10. Sold a machine at a loss 11. Retired fully depreciated equipment. 12. Decreased interest payable. 13. Purchased availabie-for-sale securities (long-term) 14. Decreased dividends receivable. 15. Decreased accounts receivable. 16. Converted bonds to common stock 17. Purchased 90 day Treasury bill
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