Identify each expense or revenue as a cash flow from operating activities (O), a cash flow from investment activities (I), or a cash flow from financing activities (F).Administrative expensesRent paymentInterest on a note payableInterest on a note receivableSale of equipmentDividend paymentStock repurchaseSale of finished goodsLabor expenseSale of a bond issueRepayment of a long-term debtSelling expensesDepreciation expenseSale of common stockPurchase of fixed assets

The above question relates to the identification of cash flow activities while preparing a Cash Flow…

Answered: Identify each expense or revenue as a…

Identify each expense or revenue as a cash flow from operating activities (O), a cash flow from investment activities (I), or a cash flow from financing activities (F).

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter15: Statement Of Cash Flows

Section: Chapter Questions

Problem 1BE

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Question

Identify each expense or revenue as a cash flow from operating activities (O), a cash flow from investment activities (I), or a cash flow from financing activities (F).

1. Administrative expenses
2. Rent payment
3. Interest on a note payable
4. Interest on a note receivable
5. Sale of equipment
6. Dividend payment
7. Stock repurchase
8. Sale of finished goods
9. Labor expense
10. Sale of a bond issue
11. Repayment of a long-term debt
12. Selling expenses
13. Depreciation expense
14. Sale of common stock
15. Purchase of fixed assets

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