Identify whether the following transactions affect cash flow from operating, investing, or financing activities, and indicate the effect of each on cash (+ for increase and ‒ for decrease). If there is no cash flow effect, write “None.”
Transaction | Operating, Investing, or Financing Effect on Cash | Direction of the Effect on Cash |
Cash paid to suppliers |
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Sale of goods on account |
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Cash received from customers |
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Purchase of investments |
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Cash paid for interest |
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Issuance of stock for cash |
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