INTERMEDIATE ACCOUNTING HANDOUT PROBLEM 4 Score Name Section Problem (10 points). The following transactions are items that could have an impact on the statement of cash flows for an enterprise. For each of the transactions, indicate in which section of the statement of cash flows transaction would be reported and how the transaction would affect cash. Use the abbreviations attached for your answers. STATEMENT OF CASH FLOWS QUESTIONS CONCERNING TRANSACTION CLASSIFICATIONS AND EFFECT ON CASH Effect on Section Cash Transaction 1. Treasury stock repurchased for cash. 2. Loss on sale of investments. 3. Proceeds from sale of equipment 4. Convertible bonds exchanged for common stock. 5. Net increase in the accounts payable balance 6. Dividends received on long term investments in stock. 7. Borrowed money using long term notes payable. 8. Proceeds from sale of common stock. 9. Net decrease in accrued liabilities. 10. Depreciation expense on property, plant, and equipment