Homework Answers
ANSWER:
1. Paid cash for property taxes on building = operating activities
2. Received cash dividends from investments = operating activities
3. Paid accounts payable with cash = operating activities
4. Sold stock investments for cash = investing activities
5. Paid cash for a building = investing activities
6. Cash paid to purchase long-term investments = investing activities
7. Received cash from long-term debt issuance = financing activities
8. Issued preferred stock for cash = financing activities
9. Issued common stock for cash = financing activities
10. Purchased inventory with cash = operating activities
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QS 12-1 Transaction classification by activity LO C1 Classify the following cash flows as either operating,...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 32...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 32 (8 01:40:41 1. Received cash from long-term debt issuance. 2. Paid long-term debt with cash. 3. Received cash from short-term debt issuance. 4. Issued common stock for cash. 5. Paid cash for wages and salaries. 6. Received cash interest on a note. 7. Paid cash for property taxes on building. 8. Paid cash for utilities. 9. Sold stock investments for cash. 10. Received cash...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 13...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 13 points ( 8 02:58:20 1. Received cash from sale of equipment. 2. Cash paid to purchase long-term investments. 3. Received cash from long-term debt issuance. 4. Issued preferred stock for cash. 5. Paid cash dividends. 6. Received cash payments from customers. 7. Purchased inventories with cash. 8. Paid cash interest on outstanding notes. 9. Paid cash for utilities. 10. Sold stock investments for cash.
Classify the following cash flows as either operating
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Sold stock investments for cash. 2. Received cash from sale of land. 3. Received cash from sale of equipment. 4. Cash paid to purchase short-term investments. 5. Paid long-term debt with cash. 6. Received cash from short-term debt issuance. 7. Issued common stock for cash. 8. Paid cash for wages and salaries. 9. Paid cash interest on outstanding notes. 10. Paid cash for utilities.
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1....
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Paid cash dividends. 2. Issued common stock for cash. 3. Paid cash for wages and salaries 4. Received cash interest on a nort 5. Paid cash for property taxes on building 6. Paid cash for utilities 7. Paid cash for rent. 8. Received cash from sale of land. 9. Cash paid to purchase long-term investments. 10. Paid long-term debt with cash.
Classify the following cash flows as either operating, investing, or financing 1. Received cash payments from...
Classify the following cash flows as either operating, investing, or financing 1. Received cash payments from customers. 2. Paid cash for wages and salaries. 3. Received cash interest on a note. 4. Paid cash for property taxes on building 5. Paid cash for utilities. 6. Paid cash for rent. 7. Received cash from sale of land. 8. Received cash from sale of equipment. 9. Received cash from long-term debt issuance. 10. Received cash from short-term debt issuance. Operating activities Investing...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. (...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. ( 8 01:52:39 1. Received cash payments from customers. 2. Paid cash for wages and salaries. 3. Received cash interest on a note. 4. Paid cash for property taxes on building. 5. Paid cash for utilities. 6. Paid cash for rent. 7. Received cash from sale of land. 8. Received cash from sale of equipment. 9. Received cash from long-term debt issuance. 10. Received cash...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1....
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Received cash dividends from investments. 2. Paid cash for utilities. 3. Paid cash for rent. | 4. Received cash from sale of land. 5. Received cash from sale of equipment. 6. Cash paid to purchase short-term investments. | 7. Paid long-term debt with cash. 8. Received cash from short-term debt issuance 9. Received cash payments from customers. 10. Received cash interest on a note.
#33 QS 12-1 A Saved Check my work mode : This shows what is correct or...
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Exercise 12-1 Indirect: Cash flow classification LO C1 The following transactions and events occurred during the...
Exercise 12-1 Indirect: Cash flow classification LO C1 The following transactions and events occurred during the year. Assuming that this company uses the indirect method to report cash provided by operating activities, select where each item would appear on its statement of cash flows. a.Purchased treasury stock with cashb.Prepaid expenses increased in the yearc.Retired bonds payable by issuing stockd.Purchased a building with cashe.Sold land in return for cashf.Paid cash to settle long-term note payableg.Purchased a trademark with cashh.Issued common stock for cashi.Purchased...
Exercise 12-1 Indirect: Cash flow classification LO C1 The following transactions and events occurred during the...
Exercise 12-1 Indirect: Cash flow classification LO C1 The following transactions and events occurred during the year. Assuming that this company uses the Indirect method to report cash provided by operating activities, indicate where each item would appear on its statement of cash flows by placing an X in the appropriate column(s). (More than one column may be used.) Statement of Cash Flows Investing&Not Reported g Financing Financing on Statement es Activities Activities or in Notes Operating Investing Financing Activities...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 32 (8 01:40:41 1. Received cash from long-term debt issuance. 2. Paid long-term debt with cash. 3. Received cash from short-term debt issuance. 4. Issued common stock for cash. 5. Paid cash for wages and salaries. 6. Received cash interest on a note. 7. Paid cash for property taxes on building. 8. Paid cash for utilities. 9. Sold stock investments for cash. 10. Received cash...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 13 points ( 8 02:58:20 1. Received cash from sale of equipment. 2. Cash paid to purchase long-term investments. 3. Received cash from long-term debt issuance. 4. Issued preferred stock for cash. 5. Paid cash dividends. 6. Received cash payments from customers. 7. Purchased inventories with cash. 8. Paid cash interest on outstanding notes. 9. Paid cash for utilities. 10. Sold stock investments for cash.
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Paid cash dividends. 2. Issued common stock for cash. 3. Paid cash for wages and salaries 4. Received cash interest on a nort 5. Paid cash for property taxes on building 6. Paid cash for utilities 7. Paid cash for rent. 8. Received cash from sale of land. 9. Cash paid to purchase long-term investments. 10. Paid long-term debt with cash.
Classify the following cash flows as either operating, investing, or financing 1. Received cash payments from customers. 2. Paid cash for wages and salaries. 3. Received cash interest on a note. 4. Paid cash for property taxes on building 5. Paid cash for utilities. 6. Paid cash for rent. 7. Received cash from sale of land. 8. Received cash from sale of equipment. 9. Received cash from long-term debt issuance. 10. Received cash from short-term debt issuance. Operating activities Investing...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. ( 8 01:52:39 1. Received cash payments from customers. 2. Paid cash for wages and salaries. 3. Received cash interest on a note. 4. Paid cash for property taxes on building. 5. Paid cash for utilities. 6. Paid cash for rent. 7. Received cash from sale of land. 8. Received cash from sale of equipment. 9. Received cash from long-term debt issuance. 10. Received cash...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Received cash dividends from investments. 2. Paid cash for utilities. 3. Paid cash for rent. | 4. Received cash from sale of land. 5. Received cash from sale of equipment. 6. Cash paid to purchase short-term investments. | 7. Paid long-term debt with cash. 8. Received cash from short-term debt issuance 9. Received cash payments from customers. 10. Received cash interest on a note.
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