How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Annie Kavitha Your Own Question

Annie Kavitha
Annie Kavitha, Teacher
Category: Homework
Satisfied Customers: 1024
Experience:  Master of Commerce
4245996
Type Your Homework Question Here...
Annie Kavitha is online now
A new question is answered every 9 seconds

E5-13 Statement of Cash Flows Classifications) The major

This answer was rated:

E5-13 Statement of Cash Flows – Classifications) The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as:

1.     Operating activity- add to net income.
2.     Operating activity – deduct from net income.
3.     Investing activity.
4.     Financing activity.
5.     Reported as significant noncash activity.

The transactions are as follows.

a.     Issuance of capital stock
b.     Prucahsed of land and building
c.     Redemption of bonds
d.     Sale of equipment
e.     Depreciation of machinery
f.     Amortization of patent
g.     Issuance of bonds for plant assests
h.     Payment of cash dividends
i.     Exchange of furniture for office equipment
j.     Purchase of treasury stock
k.     Loss on sale of equipment
l.     Increase in accounts receivable during the year
m.     Decrease in accounts payable during the year.
THIS ANSWER IS LOCKED!

You need to spend $3 to view this post. Add Funds to your account and buy credits.
Annie Kavitha and 2 other Homework Specialists are ready to help you