Identify the cash flows items


Response to the following problem:

Indicate whether each of the following cash activities would be reported on the statement of cash flows as

(a) An operating activity,

(b) An investing activity, or

(c) A financing activity.

1. Issued capital stock

2. Paid rent

3. Paid for office equipment

4. Sold services

5. Issued a note payable

6. Sold excess office equipment

7. Paid officers' salaries

8. Paid for advertising

9. Paid insurance

10. Paid dividends .

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Accounting Basics: Identify the cash flows items
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