The items in the following table may or may not appear in a statement of cash flows.

For each of the items in the table, indicate the following:
1. Would the item appear on the statement of cash flows under operating activities (O), investing activities ( I), or financing activities ( F)? +
2. Would the item appear on the statement of cash flows using the direct method (D), indirect method ( I), or both ( B)?
3. Would the item result in an increase (+) or a decrease (-) when computing cashflow?

Transcribed Image Text:

Operating (O) Direct (D) Investing ( direct () Increase (+) Financing (F) Both (B) Decrease (-) 1. Decrease in accounts receivable 2. Increase in payroll taxes payable 3. Cash paid to suppliers 4. Cash received from customers 5. Purchase of treasury stock 6. Increase in salaries pay 7. Principal payments on long-term note payable 8. Purchase of plant assets 9. Depreciation expense 10. Cash paid for taxes 11. Dividends paid 12. Issuance of stock able