Question: 1 . Answer the following questions for each activity: ( i ) . In which cash flow category would each activity be reported? ( ii
Answer the following questions for each activity:
i In which cash flow category would each activity be reported?
ii Does the activity represent an inflow or an outflow of cash?
iii Do these types of activities occur within the municipalitydistrict in which you work?
Wherever applicable, support your answer with an example.
Activities
a Purchase of equipment for cash;
b Payment of wages;
c Sale of merchandise for cash;
d Receipt of cash dividends from share investments;
e Cash collections from customers;
f Issuance of bonds for cash.
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