For each of the following, identify whether it would be disclosed as an operating (O), financing (F), or investing (I) activity on the statement of cash flows under the indirect method.
Definitions:
Account Payable
An obligation of a business to pay a supplier for products or services received, typically recorded as a current liability.
Notes Issued
Refers to the act of issuing promissory notes, which are written promises to pay a specified sum of money to a certain party at a defined time or on demand.
Maturity Value
The amount that is due at the maturity or due date of a note, which is the sum of the face amount and any interest.
Note Payable
A written agreement to pay a specific amount of money, plus interest, by a certain date or upon demand.
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