Accounting Terminology
Listed Below Are Nine Technical Accounting Terms Introduced

Accounting terminology
Listed below are nine technical accounting terms introduced in this chapter: $$\begin{array} { | l | l | } \hline \text { Cash received from customers } & \text { Operating activities } \\\hline \text { Financing activities } & \text { Investing activities } \\\hline \text { Cash equivalents } & \text { Statement of cash flows } \\\hline \text { Non-cash investing and } & \text { Income statement } \\\hline \text { financing activities } & \\\hline\end{array}$$ Each of the following statements may (or may not) describe one of these technical terms. In the space provided below each statement, indicate the accounting term described, or answer "None" if the statement does not correctly describe any of the terms.
____ (a) Cash sales and collections of accounts receivable.
____ (b) The classification of cash flows which includes issuing ordinary shares and paying dividends.
____ (c) The financial statement which best describes the profitability of a business.
____ (d) The section of a statement of cash flows summarizing the cash effects of most transactions entering into the determination of profit for the year.
____ (e) An expense that reduces net cash flow but does not reduce profit for the year.
____ (f) The classification of cash flows that includes purchases and sales of property, plant, and equipment.
____ (g) Transactions shown in a supplementary schedule accompanying a statement of cash flows.