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Classify the Following Activities According to the Appropriate Section

Question 250

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. Classify the following activities according to the appropriate section of the statement of cash flows:

Premises:
Cash received from a one-time sale of used office equipment.
Cash received from customers.
Cash paid for utilities.
Cash paid for dividends.
Cash paid for a delivery van to be used in the business.
Cash received from stockholders from issuance of stock.
Responses:
Investing activity
Financing activity
Operating activity

Correct Answer:

Cash received from a one-time sale of used office equipment.
Cash received from customers.
Cash paid for utilities.
Cash paid for dividends.
Cash paid for a delivery van to be used in the business.
Cash received from stockholders from issuance of stock.
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