(Answered) Classifying inflows and outflows of cash classify each of

Finance

Classifying inflows and outflows of cash Classify each of the following items as an inflow (I) or an outflow (O) of cash, or as neither (N).
Item Change ($) Item Change ($)
Cash +100 Accounts receivable -700
Accounts payable -1,000 Net profits +600
Notes payable +500 Depreciation +100
Long-term debt -2,000 Repurchase of stock +600
Inventory +200 Cash dividends +800
Fixed assets +400 Sale of stock +1,000

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