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Tremble Company Manufactures Outdoors Wear for Women

Question 91

Essay

Tremble Company manufactures outdoors wear for women.During 2009,the company reported the following items that affected cash.
Required:
Indicate whether each of these items is a cash flow from operating activities (O),investing activities (I),or financing activities (F).
_____A.Paid cash for supplies
_____B.Purchased equipment by paying cash
_____C.Collected cash on account from customers
_____D.Paid dividends to stockholders
_____E.Paid suppliers for fabric
_____F.Borrowed money from a bank on a long-term note
_____G.Paid interest to bank on the note
_____H.Paid wages to employees
_____I.Sold shares of common stock to new stockholders

Correct Answer:

verifed

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A.O
B.I
C....

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