Solved

Match the Following

Question 210

Matching

Match the following.

Premises:
Cash collections from customers
Land is exchanged for shares of the company
Cash paid for principal repayment on notes payable
Distribution of stock dividend previously declared
Cash paid for interest on bank loans
Declaration of a 2-for-1 stock split
Money lent to another company in return for a notes receivable
A patent is acquired by the issuance of preferred shares
Cash collected from rental revenues
Bank loan is refinanced with a mortgage loan on the factory buildings
Dividend received from an investment in shares.
Cash collected for interest on a note receivable
Cash collected for principal on a note receivable
Cash collected for interest on a bond investment
Cash paid for principal on a note payable
Cash paid for income taxes of the business
Equipment is exchanged for vehicles, no cash is paid
Cash paid for wages to employees
Responses:
Does not appear on the cash flow statement
Financing activities — Decrease in cash
Operating activities — Decrease in cash
Non-cash investing financing activity in the notes
Investing activities — Increase in cash
Operating Activities — increase in cash
Investing activities — Decrease in cash"

Correct Answer:

Cash collections from customers
Land is exchanged for shares of the company
Cash paid for principal repayment on notes payable
Distribution of stock dividend previously declared
Cash paid for interest on bank loans
Declaration of a 2-for-1 stock split
Money lent to another company in return for a notes receivable
A patent is acquired by the issuance of preferred shares
Cash collected from rental revenues
Bank loan is refinanced with a mortgage loan on the factory buildings
Dividend received from an investment in shares.
Cash collected for interest on a note receivable
Cash collected for principal on a note receivable
Cash collected for interest on a bond investment
Cash paid for principal on a note payable
Cash paid for income taxes of the business
Equipment is exchanged for vehicles, no cash is paid
Cash paid for wages to employees
Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents