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

question 178

Essay

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

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Definitions:

Lateral Gray Horns

Regions located in the spinal cord that contain neuron cell bodies involved in the control of autonomic (involuntary) functions.

Autonomic Motor Neurons

Nerve cells that control involuntary actions of the muscles and glands, part of the autonomic nervous system.

Reflex Arcs

The neural pathway that mediates a reflex action, involving receptors, sensory neurons, interneurons, motor neurons, and effectors.

Cerebral Cortex

The outer layer of neural tissue of the cerebrum in the brain, responsible for higher brain functions like thought and action.