Question: Problem 3: (15 points) For each event listed below, select the appropriate category which describes the effect of the event on a statement of cash
Problem 3: (15 points) For each event listed below, select the appropriate category which describes the effect of the event on a statement of cash flows: a. Cash provided/used by operating activities. b. Cash provided/used by investing activities. c. Cash provided/used by financing activities d. Not a cash flow. 1. Repayment of long-term loan principal 2. Issuance of bonds payable to borrow cash 3. Cash Collection of accounts receivable 4. Pay Cash dividends 5: Borrow money from a bank to acquire land 6. Sale of investment (long-term) for cash 7. Payment of employees' wages Issuance of common stock for cash 9. Payment of income taxes 10. Purchase of equipment using cash 11. Pay interest 12. Sale of real estate held as a long-term investment for cash 13. Receive interest 14 Receive Dividends 15. Pay utility bills -8
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