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Classify the Appropriate Section of the Statement of Cash Flows

Question 247

Matching

Classify the appropriate section of the statement of cash flows with activities according.

Premises:
Cash paid for utilities.
Cash received from owner contributions.
Cash received from a one-time sale of used office equipment.
Cash paid for a delivery van to be used in the business.
Cash paid for withdrawals by owners.
Cash received from customers.
Responses:
Operating activity
Investing activity
Financing activity

Correct Answer:

Cash paid for utilities.
Cash received from owner contributions.
Cash received from a one-time sale of used office equipment.
Cash paid for a delivery van to be used in the business.
Cash paid for withdrawals by owners.
Cash received from customers.
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