Grand Investments Inc., a public corporation, had the following transactions: Instructions
Complete the above table (as demonstrated by item 1) indicating:
a. Whether each transaction should be classified as an Operating (O), Investing (I) or Financing (F) activity; and
b. The amount of cash inflow (+), outflow (-) or if it has no effect on cash (NE).

Question

Grand Investments Inc., a public corporation, had the following transactions:  Instructions
Complete the above table (as demonstrated by item 1) indicating: 
a. Whether each transaction should be classified as an Operating (O), Investing (I) or Financing (F) activity; and
b. The amount of cash inflow (+), outflow (-) or if it has no effect on cash (NE).

Quizplus · Accepted Answer

The Answer of Grand Investments Inc., a public corporation, had the following transactions:  Instructions
Complete the above table (as demonstrated by item 1) indicating: 
a. Whether each transaction should be classified as an Operating (O), Investing (I) or Financing (F) activity; and
b. The amount of cash inflow (+), outflow (-) or if it has no effect on cash (NE).