Identify Each of the Following Items as Operating (O),investing (I),or

question 62

Essay

Identify each of the following items as operating (O),investing (I),or financing (F)activities on the statement of cash flows(assuming the indirect method).If an item is not on the statement,please mark it as none of these (N).If the item is an inflow,please indicate by a (+).If the item is an outflow,please indicate by a (-)
____ (a)Paid an account payable for inventory purchased in the previous accounting period.
____ (b)Amortization of debt issuance costs
____ (c)Paid a dividend to stockholders.
____ (d)Paid the interest on a note payable to National Street Bank.
____ (e)Paid the principal amount due on the note payable to National Street Bank.
____ (f)Transferred cash from a checking account into a money market fund.
____ (g)Purchased equipment for cash.

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Definitions:

Midpoint

The central point in a class interval.

Class Interval

A range of values in a dataset that is used to organize data into categories or groups for frequency distribution analysis.

Frequency Distribution

The representation, either in graphical or tabular format, of how often each distinct value occurs in a set of data.

Class Interval

A range of values in a data set that are divided into different classes or categories for frequency distribution analysis.