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For Each of the Transactions Listed Below, Indicate Whether It

question 18

Essay

For each of the transactions listed below, indicate whether it is an investing (I) or financing (F) activity on the statement of cash flows. Also, indicate if the transaction increases (+) or decreases (-) cash.  Transaction  Type of Activity  Effect on Cash  Ex.  Paid dividends to the owners  F  A.  Purchased equipment to use in the  business.  B.  Issued stock for cash.  C.  Borrowed money at the bank.  D.  Sold a piece of land adjacent to the  plant.  E.  Paid the principal balance of a note  payable. \begin{array} { | l | l | l | l | } \hline { \text { Transaction } } && \text { Type of Activity } & \text { Effect on Cash } \\\hline \text { Ex. } & \text { Paid dividends to the owners } & \text { F } & - \\\hline \text { A. } & \begin{array} { l } \text { Purchased equipment to use in the } \\\text { business. }\end{array} & & \\\hline \text { B. } & \text { Issued stock for cash. } & & \\\hline \text { C. } & \text { Borrowed money at the bank. } & & \\\hline \text { D. } & \begin{array} { l } \text { Sold a piece of land adjacent to the } \\\text { plant. }\end{array} & & \\\hline \text { E. } & \begin{array} { l } \text { Paid the principal balance of a note } \\\text { payable. }\end{array} & & \\\hline\end{array}


Definitions:

Ectoderm

The outermost layer of cells or tissue of an embryo in early development, which gives rise to the outer layer of skin, nails, hair, and nervous system.

Inner Layer

The deeper or internal part of something, often used in a metaphorical sense to describe the core aspects of concepts or objects.

Endoderm

The innermost layer of cells or tissue of an embryo in early development, giving rise to the lining of the digestive and respiratory systems.

Ectoderm

The outermost layer of cells in the developing embryo, giving rise to the nervous system and skin.

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