Indicate Whether Each of the Following Statements Regarding the Statement

question 101

Short Answer

Indicate whether each of the following statements regarding the statement of cash flows (SCF) is true or false.
_____ a) Purchase of a certificate of deposit would appear in the investing activities section of the SCF.
_____ b) Sale of treasury stock would appear in the investing section of the SCF.
_____ c) Cash proceeds from the sale of a used truck would appear in the operating section of the SCF.
_____ d) Purchase of merchandise inventory would appear in the investing activities section of the SCF.
_____ e) Payment of salaries would appear in the operating section of the SCF.