Consider the following transactions:

.:.

Requirement

1. Identify each of the transactions as a(n)

● Operating activity (O)

● Investing activity (I)

● Financing activity (F)

● Noncash investing and financing activity (NIF)

● Transaction that is not reported on the statement of cash flows (N)

For each cash flow, indicate whether the item increases (+) or decreases (–) cash. The direct method is used for cash flows from operating activities.

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i. Purchasc of treasury stock. j. Issuance of common stock a. Collection of accounts receivable. b. Issuance of note payable for cash. to borrow cash. c. Depreciation. d. Issuance of preferred stock k. Payment of account payable. . 1. Acquisition of building by for cash. issuance of common stock. c. Payment of cash dividend. f. Sale of land. m. Purchase of equipment. n. Payment of wages to g. Acquisition of cquipment cmployces. o. Collection of cash interest. by issuance of note payable. h. Payment of note payable. p. Sale of building