Question: Classify each of the following items according to the section on the statement of cash flows in which it should appear: operating (O), investing (I),
Classify each of the following items according to the section on the statement of cash flows in which it should appear: operating (O), investing (I), or financing (F):
Item Section
Example: Cash paid for insurance............................................O
1. Cash paid for land.......................................... ______________
2. Cash received from issuance of note..................... ______________
3. Cash paid for dividends.................................... ______________
4. Cash received from issuance of capital stock............ ______________
5. Cash collected from customers............................ ______________
6. Cash paid for income taxes................................ ______________
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