Matching
A list of sources and uses of cash are given below. Indicate on the line provided whether each is an:
Premises:
purchase of land
repayment of bond indebtedness
sale of merchandise
pay salaries and wages
pay interest expense
sale of office equipment
dividends paid
resale of Treasury Stock
borrowing through a note payable
dividend income
Responses:
operating activity.
Investing activity.
financing activity.
Correct Answer:
Premises:
Responses:
purchase of land
repayment of bond indebtedness
sale of merchandise
pay salaries and wages
pay interest expense
sale of office equipment
dividends paid
resale of Treasury Stock
borrowing through a note payable
dividend income
Premises:
purchase of land
repayment of bond indebtedness
sale of merchandise
pay salaries and wages
pay interest expense
sale of office equipment
dividends paid
resale of Treasury Stock
borrowing through a note payable
dividend income
Responses:
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