Classifying items into financing

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Reference no: EM1319585

For each of the following items, indicate whether it would be classified and reported under the operating activities (OA), investing activities (IA), or financing activities (FA) section of a statement of cash flows:

1. Cash receipts from selling merchandise

2. Cash payments for wages and salaries

3. Cash proceeds from sale of stock

4. Cash purchase of equipment

5. Cash dividends paid

6. Cash received from bank loan

7. Cash payments for inventory

8. Cash receipts from services rendered

9. Cash payments for taxes

10. Cash proceeds from sale of property no longer needed as expansion site

Reference no: EM1319585

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