Solved

Match the Following Classifications on the Statement of Cash Flows

Question 85

Matching

Match the following classifications on the statement of cash flows with the events listed below.Unless otherwise indicated,assume payments made or received are for cash.

Premises:
Purchased Available-for-Sale Securities
Purchased Land by issuing a long-term note payable.
Paid a cash dividend.
Paid utilities.
Borrowed money after signing a 5 year note payable
Issued Preferred Stock for cash
Purchased Building for cash.
Distributed a stock dividend
Sold treasury stock.
Collected an accounts receivable.
Responses:
Not on cash flow statement.
Financing
Operating
Investing
Noncash Financing and Investing Event

Correct Answer:

Purchased Available-for-Sale Securities
Purchased Land by issuing a long-term note payable.
Paid a cash dividend.
Paid utilities.
Borrowed money after signing a 5 year note payable
Issued Preferred Stock for cash
Purchased Building for cash.
Distributed a stock dividend
Sold treasury stock.
Collected an accounts receivable.
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