Identify the following transactions according to where they would be presented o
ID: 2709901 • Letter: I
Question
Identify the following transactions according to where they would be presented on the statement of cash flows. Enter the number corresponding to your answer in the box provided. Do not place a period after the number. Be careful with matching questions because carmen randomizes the matches. Thus, if you print out the quiz to work on it and then enter your answers later in the week, it is very likely the order of the matches will be different. Therefore, exercise caution when entering your answers into carmen. Quiz scores will not be adjusted for errors in entering choices.
Question 4 options:
123
proceeds from the sale of common stock
123
collection of accounts receivable from sales to customers
123
purchase of a copyright for cash
123
proceeds from the sale of land
operating activity
investing activity
financing activity
123
proceeds from the sale of common stock
123
collection of accounts receivable from sales to customers
123
purchase of a copyright for cash
123
proceeds from the sale of land
1.operating activity
2.investing activity
3.financing activity
Explanation / Answer
Answer:
Particulars Activity 123 proceeds from the sale of common stock 3. Financing activity 123 collection of accounts receivable from sales to customers 1. Operating Activity 123 purchase of a copyright for cash 2. Investing Activity 123 proceeds from the sale of land 2. Investing Activity