Question: Match each activity with the way it would be handled on the Statement of Cash Flow. Group of answer choices Increase in accounts payable [

Match each activity with the way it would be handled on the Statement of Cash Flow.
Group of answer choices
Increase in accounts payable
[ Choose ] Operating activity--Addition to net income Financing activity--Cash inflow (+) Operating activity--Subtraction from net income Financing activity--Cash outflow (-) Investing activity--Cash outflow (-)
Payment of dividends
[ Choose ] Operating activity--Addition to net income Financing activity--Cash inflow (+) Operating activity--Subtraction from net income Financing activity--Cash outflow (-) Investing activity--Cash outflow (-)
Decrease in accrued liabilities
[ Choose ] Operating activity--Addition to net income Financing activity--Cash inflow (+) Operating activity--Subtraction from net income Financing activity--Cash outflow (-) Investing activity--Cash outflow (-)
Issuance of common stock
[ Choose ] Operating activity--Addition to net income Financing activity--Cash inflow (+) Operating activity--Subtraction from net income Financing activity--Cash outflow (-) Investing activity--Cash outflow (-)
Gain on sale of Building
[ Choose ] Operating activity--Addition to net income Financing activity--Cash inflow (+) Operating activity--Subtraction from net income Financing activity--Cash outflow (-) Investing activity--Cash outflow (-)
Loss on sale of Land
[ Choose ] Operating activity--Addition to net income Financing activity--Cash inflow (+) Operating activity--Subtraction from net income Financing activity--Cash outflow (-) Investing activity--Cash outflow (-)
Depreciation expense
[ Choose ] Operating activity--Addition to net income Financing activity--Cash inflow (+) Operating activity--Subtraction from net income Financing activity--Cash outflow (-) Investing activity--Cash outflow (-)
Increase in merchandise inventory
[ Choose ] Operating activity--Addition to net income Financing activity--Cash inflow (+) Operating activity--Subtraction from net income Financing activity--Cash outflow (-) Investing activity--Cash outflow (-)
Decrease in accounts receivable
[ Choose ] Operating activity--Addition to net income Financing activity--Cash inflow (+) Operating activity--Subtraction from net income Financing activity--Cash outflow (-) Investing activity--Cash outflow (-)
Purchase of equipment
[ Choose ] Operating activity--Addition to net income Financing activity--Cash inflow (+) Operating activity--Subtraction from net income Financing activity--Cash outflow (-) Investing activity--Cash outflow (-)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!