Question: For each transaction, (a) determine whether the transaction appears on the statement of cash flows under cash flows from operating activities, cash flows from investing

For each transaction, (a) determine whether the transaction appears on the statement of cash flows under cash flows from operating activities, cash flows from investing activities, or cash flows from financing activities, and (b) indicate whether the transaction is a cash outflow or cash inflow. Transaction 1. Cash received from client for performing services. 2. Cash investment from the owner. 3. Cash paid for this month's rent. 4. Cash paid for equipment. 5. Cash paid for employee wages. 6. Cash paid to settle long-term loan. Statement of Cash Flow Category Cash Inflow or Outflow Statement of Cash Flow Category Cash flows from Financing Activities Cash flows from Investing Activities Cash flows from Operating Activities Cash Inflow or Outflow Cash Inflow Cash Outflow

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