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Match Each of the Following with the Appropriate Section of the Statement

Question 274

Matching

Match each of the following with the appropriate section of the Statement of Cash Flows

Premises:

Responses:

Paid utilities expenses

Operating

Sale of used equipment

Financing

Paid employee wages

Investing

Purchase of land

Dividends paid to stockholders

Borrowed money from a bank on a long-term note

Premises:

Paid utilities expenses

Sale of used equipment

Paid employee wages

Purchase of land

Dividends paid to stockholders

Borrowed money from a bank on a long-term note

Responses:

Operating

Financing

Investing

Correct Answer:

Premises:

Responses:

Paid utilities expenses

Sale of used equipment

Paid employee wages

Purchase of land

Dividends paid to stockholders

Borrowed money from a bank on a long-term note

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