Accounting Analysis

Fundamentals of Accounting

Fundamentals of Accounting

Instructions:

Classify each of the following cash inflows and outflows as operating, investing, or financing activities.

For each item in Column A, place an "X" in the appropriate inflow/outflow cell and cash flow activity cell.

Column A

 

Inflow

Outflow

&

Operating

Investing

Financing

1. Sale of a piece of company equipment.

 

X

 

 

 

X

 

 

 

 

 

 

2. Sale of common stock.

 

X

 

 

 

 

X

 

 

 

 

 

3. Payment to suppliers for merchandise purchased.

 

 

X

 

X

 

 

 

 

 

 

 

4. Payment to lenders for interest on note payable.

 

 

X

 

X

 

 

 

 

 

 

 

5. Sale of investments in other companies.

 

X

 

 

 

X

 

 

 

 

 

 

6. Purchase of land to expand plant size.

 

 

X

 

 

X

 

 

 

 

 

 

7. Payment to stockholders as cash dividends.

 

 

X

 

 

 

X

 

 

 

 

 

8. Sale of goods or services.

 

X

 

 

X

 

 

 

 

 

 

 

9. Payment to employees for wages and salaries.

 

 

X

 

X

 

 

 

 

 

 

 

10. Lending of money to other ...