12. Credit sale of merchandise (Use the periodic inventory system)13. Collection of trade accounts receivable14. Collection of notes receivable (non-trade)15. Purchase of raw materials issuing a note (Use the perpetual inventory system)16. Purchase of long-term stock securities IIClassify the following cash flow-related activities into:A. Operating activities (inflow; or outflow)B. Investing activities (inflow; or outflow)C. Financing activities (inflow; or outflow)D. No cash flowWrite your answers using capital letters only. A letter answer cannot stand alone. Write inflowor outflow, except of course for answer D. Erasures and alterations will not be honored.

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12. Credit sale of merchandise (Use the periodic inventory system) 13. Collection of trade accounts receivable 14. Collection of notes receivable (non-trade) 15. Purchase of raw materials issuing a note (Use the perpetual inventory system) 16. Purchase of long-term stock securities

12. Credit sale of merchandise (Use the periodic inventory system) 13. Collection of trade accounts receivable 14. Collection of notes receivable (non-trade) 15. Purchase of raw materials issuing a note (Use the perpetual inventory system) 16. Purchase of long-term stock securities

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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