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Business
Accounting
Directions: Classify each transaction whether they are operating, financing, investing or non- transaction. NATURE OF TRANSACTION 1. Cashreceived from customers 2. Cash paid to purchase equipment 3. Cash paid to suppliers 4. Purchase of goods on credit 5. Cash paid to employees 6. Cash received fom sale of fumiture 7. Depreciation expense 8. Cash paid to owners 9. Sale of goods on credit 10. Cash received fromgetting a loan froma bank CLASSIFICATION

Directions: Classify each transaction whether they are operating, financing, investing or non- transaction. NATURE OF TRANSACTION 1. Cashreceived from customers 2. Cash paid to purchase equipment 3. Cash paid to suppliers 4. Purchase of goods on credit 5. Cash paid to employees 6. Cash received fom sale of fumiture 7. Depreciation expense 8. Cash paid to owners 9. Sale of goods on credit 10. Cash received fromgetting a loan froma bank CLASSIFICATION

FINANCIAL ACCOUNTING
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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B. Classify Me Directions: Classify each transaction whether they are operating, financing, investing or non-cash transaction. NATURE OF TRANSACTION 1. Cashreceived fromcustomers 2. Cash paid to purchase equipment 3. Cash paid to suppliers 4. Purchase of goods on credit 5. Cash paid to employees 6. Cash received from sale of fumiture 7. Depreciation expense 8. Cash paid to owners 9. Sale of goods on credit 10. Cash received fromgetting a loan froma bank CLASSIFICATION
Transcribed Image Text:B. Classify Me Directions: Classify each transaction whether they are operating, financing, investing or non-cash transaction. NATURE OF TRANSACTION 1. Cashreceived fromcustomers 2. Cash paid to purchase equipment 3. Cash paid to suppliers 4. Purchase of goods on credit 5. Cash paid to employees 6. Cash received from sale of fumiture 7. Depreciation expense 8. Cash paid to owners 9. Sale of goods on credit 10. Cash received fromgetting a loan froma bank CLASSIFICATION
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