Information taken from the accounting records of Airways,Inc. ,for the year ended December 31,2012,appears in the table below.In the space provided,indicate in which section of the statement of cash flows (investing or financing)each item would be reported,and whether the item is a cash inflow or outflow.If an item is neither an investing activity or financing activity,place an X in the box.

Question

Information taken from the accounting records of Airways,Inc. ,for the year ended December 31,2012,appears in the table below.In the space provided,indicate in which section of the statement of cash flows (investing or financing)each item would be reported,and whether the item is a cash inflow or outflow.If an item is neither an investing activity or financing activity,place an X in the box.
Information taken from the accounting records of Airways,Inc. ,for the year ended December 31,2012,appears in the table below.In the space provided,indicate in which section of the statement of cash flows (investing or financing)each item would be reported,and whether the item is a cash inflow or outflow.If an item is neither an investing activity or financing activity,place an X in the box.

Quizplus · Accepted Answer

The Answer of Information taken from the accounting records of Airways,Inc. ,for the year ended December 31,2012,appears in the table below.In the space provided,indicate in which section of the statement of cash flows (investing or financing)each item would be reported,and whether the item is a cash inflow or outflow.If an item is neither an investing activity or financing activity,place an X in the box.

Information Taken from the Accounting Records of Airways,Inc