Identify Each of the Following Transactions as an Operating Activity

question 107

Short Answer

Identify each of the following transactions as an operating activity (O),an investing activity (I),a financing activity (F),or a transaction that is not reported on the statement of cash flows (N).
a)________ Receipt of interest
b)________ Increase of accounts payable
c)________ Borrowed money from a bank
d)________ Purchase of building for cash
e)________ Declaration of cash dividends
f)________ Sold plant equipment for cash
g)________ Increase of accounts receivable
h)________ Payment on principal of a note

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Definitions:

Buzz Group

A dynamic group activity used in educational or training settings where participants are split into smaller groups to discuss or solve a specific problem before reconvening as a whole.

Formal Presentation

A structured delivery of information intended for a specific audience, often characterized by a systematic approach and formalized language.

Expertise

Denotes a high level of skill, knowledge, or proficiency in a particular field or activity, often acquired through extensive experience or education.

Elder Abuse

The mistreatment or exploitation of older individuals, which can be physical, emotional, financial, or neglectful in nature.