Question: Indicate if the following transactions increase or decrease cash and classify the transactions as Operating, Investing or Financing Activities Indicate if the following transactions increase
Indicate if the following transactions increase or decrease cash and classify the transactions as Operating, Investing or Financing Activities 1. Pay taxes Collect cash from customers 3. Issue common stock Take outa loan from a bank Purchase stock in another company Sell government debt security Buy a patent Retire a bonds payable Pay dividends Pay insurance Pay interest on a loan Pay principal on a loan Pay salaries Repurchase treasury stock Sell a copyright to another firm Pay suppliers for inventory Enter I For Increase and D for decrease. Enter O for Operating, I for Investing, and F for Financing. 2. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. Dividend payments received from stock investment. Interest payments received from investment in government debt securities.
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