For the following list of activities, indicate using the following code what typ

Question

For the following list of activities, indicate using the following code what type of cash flow each activity relates to: O: operating, I: investing, F:financing, NC: Noncash investing or financing activity.

1.Purchase of land and building
2. Issuance of stock
3. Depreciation expense
4. Sale of land at book value
5. Sale of land at a gain
6. Payment of dividends
7. Purchase of available-for-sale debt investment
8. Increase in accounts payable
9. Loan from bank by signing note
10. Purchase of equipment using a note
11. Increase in inventory
12. Issuance of bonds
13. Decrease in accounts receivable
14. Redemption of bonds payable
15. Sale of equipment at a loss
16. Purchase of treasury stock

Explanation / Answer

Classify :

No Classificaiton 1 I 2 F 3 O 4 I 5 I 6 F 7 I 8 O 9 F 10 NC 11 O 12 F 13 O 14 F 15 I 16 F

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