Each of the events below may have an effect on the statement of cash flows. Designate how the event should be reported within the statement of cash flows using the codes provided below. Codes may be used more than once, or not at all.

Codes

A. Investing activity; cash inflow

B. Investing activity; cash outflow

C. Financing activity; cash inflow

D. Financing activity; cash outflow

E. Operating activity; cash inflow

F. Operating activity; cash outflow

G. Noncash investing and financing activity

Events

_____ 1. Paid the weekly payroll

_____ 2. Paid an account payable

_____ 3. Issued bonds payable for cash

_____ 4. Declared and paid a cash dividend

_____ 5. Paid cash for a new piece of equipment

_____ 6. Purchased treasury stock for cash

_____ 7. Paid cash for stock in another company

_____ 8. Received interest on a long-term bond investment

_____ 9. Received cash for sales

_____ 10. Sold a long-term stock investment for cash at book value

Answer rating: 100% (QA)

1 Paid the weekly payroll F Operating Activity Cash Outflow 2 Paid an accounts payable F Operating a... View the full answer