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Identify Each of the Following Transactions as an Operating Activity

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Identify each of the following transactions as an operating activity (O),an investing activity (I),a financing activity (F),a noncash investing and financing activity (NIF),or a transaction that is not reported on the cash flow statement (N).In addition,indicate the effect that each of the following transactions has on the cash balance.Use + for increase,- for decrease,and 0 for no change.Assume the direct method is used to report cash flows from operating activities.
Identify each of the following transactions as an operating activity (O),an investing activity (I),a financing activity (F),a noncash investing and financing activity (NIF),or a transaction that is not reported on the cash flow statement (N).In addition,indicate the effect that each of the following transactions has on the cash balance.Use + for increase,- for decrease,and 0 for no change.Assume the direct method is used to report cash flows from operating activities.


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