Please don\'t use solution already created for this. I want to check for the rig
ID: 2524945 • Letter: P
Question
Please don't use solution already created for this. I want to check for the right answers. The answers on the other one seem to be messed up.
Listed below are several transactions that typically produce either an increase or a decrease in cash. Indicate by letter whether the cash effect of each transaction is reported on a statement of cash flows as an operating (O), investing(1), or financing (F) activity Transactions F 1. Sale of common stock 2. Sale of land 3. Purchase of treasury stock 4. Merchandise sales 5. Issuance of a long-term note payable 6. Purchase of merchandise 7. Repayment of note payable 8. Employee salaries 9 Sale of equipment at a gain 10. Issuance of bonds 1. Acquisition of bonds of another corporation 12. Payment of semiannual interest on bonds payable 13. Payment of a cash dividend 14. Purchase of a building 15. Collection of nontrade note receivable (principal amount 16. Loan to another firm 17. Retirement of common stock 18. Income taxes 19. Issuance of a short-term note payable 20. Sale of a copyrightExplanation / Answer
Transaction Activity 1 F 2 I 3 F 4 O 5 F 6 O 7 F 8 O 9 I 10 F 11 I 12 O 13 F 14 I 15 I 16 I 17 F 18 O 19 F 20 I If any doubt please comment