Managerial Accounting Chapter 1 & 2 Homework Help

5/14/2017 CengageNOW | Assignment | Print

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Assignment: Chapter 1 Decision Case 4 1.

Classification of Items on the Statement of Cash Flows

Classify each of the following items according to the section on the statement of cash flows in which it should appear: operating, investing, or financing:

Item Section

Example: Cash paid for insurance Operating

1.   Cash paid for land   _________________  

2.   Cash received from issuance of note   _________________  

3.   Cash paid for dividends   _________________  

4.   Cash received from issuance of capital stock   _________________  

5.   Cash collected from customers   _________________  

6.   Cash paid for income taxes   _________________  

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