Classifying items on statement of cash flows Required Use the same abbreviations as in AP1-3A to classify

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Classifying items on statement of cash flows


Required
Use the same abbreviations as in AP1-3A to classify each of the following transactions according to whether they are operating, financing, or investing activities: 

a. Proceeds from the sale of an investment in another company’s shares 

b. Acquisition of a business 

c. Cash paid to suppliers of inventory 

d. Acquisition of a long-term bank loan 

e. Payment of advertising costs 

f. Purchase of a truck used for deliveries 

g. Payment of dividends


Data from in AP1-3A

O     Operating activities item
I       Investing activities item
F      Financing activities item

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Related Book For  book-img-for-question

Understanding Financial Accounting

ISBN: 9781119715474

3rd Canadian Edition

Authors: Christopher D. Burnley

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