2. Categorize each cash flow transaction. Write O for operating, / for investing, or F for financing. a. Cash received from sale of a building b. Cash paid for salaries c. Cash received for interest on a note receivable d. Cash paid to acquire a new truck e. Cash loaned out to a customer in the form of a long-term note f. Cash received for services rendered g. Cash paid on interest h. Cash paid for insurance for equipment i. Cash received from a debtor representing payments on principal j. Cash paid out to acquire a building

2. Categorize each cash flow transaction. Write O for operating, / for investing, or F for financing. a. Cash received from sale of a building b. Cash paid for salaries c. Cash received for interest on a note receivable d. Cash paid to acquire a new truck e. Cash loaned out to a customer in the form of a long-term note f. Cash received for services rendered g. Cash paid on interest h. Cash paid for insurance for equipment i. Cash received from a debtor representing payments on principal j. Cash paid out to acquire a building

Name: What Have I Learned So Far?1 Explain the interrelationship among the
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Description: What Have I Learned So Far?1 Explain the interrelationship among the four financial statements-SFP, SCI, SCE, andCFS.2. Categorize each cash flow transaction. Write O for operating, I for investing, or F forfinancing.a. Cash received from sale of a

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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