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A List of Sources and Uses of Cash Are Given

Question 154

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:

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
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