Each of the Events Below May Have an Effect on the Statement

question 165

Short Answer

Each of the events below may have an effect on the statement of cash flows. Designate how the event should be reported within the statement of cash flows using the codes provided below. Codes may be used more than once, or not at all.
Codes:
I + investing activity; cash inflow
I - investing activity; cash outflow
F + financing activity; cash inflow
F - financing activity; cash outflow
O + operating activity; cash inflow
O - operating activity; cash outflow
NC noncash investing and financing activity
Events:
1. Paid the weekly payroll
2.Paid an account payable
3.Issued bonds payable for cash
4.Declared and paid a cash dividend
5. Paid cash for a new piece of equipment
6. Purchased treasury stock for cash
7. Paid cash for stock in another company
8.Received interest on a long-term bond investment
9. Received cash for sales
10. Sold a long-term stock investment for cash at book value

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Definitions:

Actual Abilities

The real skills, talents, and competencies that an individual genuinely possesses as opposed to perceived abilities.

Self-discrepancy Theory

A psychological model that explains how the difference between one's actual self and ideal or ought selves affects emotional states.

Ought Self

A component of self-discrepancy theory referring to the representation of the attributes someone believes they should possess, often influenced by societal expectations.

Actual Self

Represents one's perception of who they are at the present moment, encompassing current attributes and qualities.