Solved

Match Each of the Following Transactions with Each Type of Activity

Question 266

Matching

Match each of the following transactions with each type of activity found on the statement of cash flows.Each item may be used more than once.

Premises:
sale of treasury stock
payment of rent
purchase of inventory on account
declaration of a stock dividend
payment of accounts payable
Responses:
not on the statement of cash flows
financing activity
operating activity
investing activity

Correct Answer:

sale of treasury stock
payment of rent
purchase of inventory on account
declaration of a stock dividend
payment of accounts payable
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