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Classify the Following the Appropriate Section of the Statement of Cash

Question 262

Matching

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

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

Correct Answer:

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