Identify whether each of the following would be reported as an operating , investing , or financing
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Question:
Identify whether each of the following would be reported as an operating, investing, or financing activity on the Statement of Cash Flows:
- Selling investments
- Cash sales
- Paying income taxes in cash
- Borrowing money from a bank (issuance of notes payable)
- Paying dividends to your stockholders
- Paying for rent with cash
- Paying employees with cash
- Payment of principal on a loan
- Receiving dividends from your investments
- Purchasing equipment
- Paying for inventory with cash
- Paying interest on a loan
- Issuing common stock
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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