For each of the following, identify whether it would be disclosed as an operating
(O), financing
(F), or investing
(I) activity on the statement of cash flows under the indirect method.
a. Gain from sale of land
b. Paid dividends
c. Purchased equipment
d. Net income
e. Issued company's common stock
f. Amortization expense

Question

For each of the following, identify whether it would be disclosed as an operating 
(O), financing 
(F), or investing 
(I) activity on the statement of cash flows under the indirect method.
a. Gain from sale of land
b. Paid dividends
c. Purchased equipment
d. Net income
e. Issued company's common stock
f. Amortization expense

Quizplus · Accepted Answer

The Answer of For each of the following, identify whether it would be disclosed as an operating 
(O), financing 
(F), or investing 
(I) activity on the statement of cash flows under the indirect method.
a. Gain from sale of land
b. Paid dividends
c. Purchased equipment
d. Net income
e. Issued company's common stock
f. Amortization expense

For Each of the Following, Identify Whether It Would Be