Question for each transaction listed below indicate where, Ask an Expert

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Question: For each transaction listed below, indicate where it would be presented on the statement of cash flows.

Investing Activity Cash inflow

Financing Activity Cash inflow

Financing Activity Cash outflow

Investing Activity Cash outflow

Operating Activity Cash Outflow

Operating Activity Cash inflow

This item would not appear on the statement as cash flows

1. cash received as interest from loans that were made to customers

2. purchase of a patent for cash

3. cash received from a bank loan

4. cash received from customers who paid in advance for services to be performed later

5. proceeds from the sale of a building

6. cash paid for rent on a warehouse

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92571996

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