Listed Below Are Six Terms Followed by a List of Phrases

question 103

Multiple Choice

Listed below are six terms followed by a list of phrases that describe or characterize the terms.Match each phrase with the best term by placing the letter designating the term in the space provided.
-____ Sell office building.

• A)Cash inflow from operating activities
• B)Cash outflow from financing activities
• C)Cash outflow from operating activities
• D)Cash inflow from investing activities
• E)Cash inflow from financing activities
• F)Cash outflow from investing activities

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Definitions:

Bonds

Long-term debt instruments issued by corporations or governments to raise capital, with the issuer promising to pay back the principal along with interest on specified dates.

Annual Interest Payment

the amount of money paid in interest to lenders or bondholders over the course of a year.

Accounting Period

A specific period of time covered by financial statements, usually a fiscal quarter or year.

Journal Entry Grid

A tool used in accounting to visually organize and record the debits and credits of transactions.