Financial accounting Question Which of the following would be classified as a financing activity on the Statementof Cash Flows?a) Paying employee salariesb) Selling equipmentc) Issuing bondsd) Purchasing supplies

Explanation of Financing Activity:Financing activities in the Statement of Cash Flows involve…

Answered: Which of the following would be…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter15: Statement Of Cash Flows

Section: Chapter Questions

Problem 1BE

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Similar questions

Which is the proper order of the sections of the statement of cash flows? A. financing, investing, operating B. operating, investing, financing C. investing, operating, financing D. operating, financing, investing
Use the following information from Manuscript Companys financial records to determine net cash flows from financing activities.
Which of these transactions would be part of the financing section? A. inventory purchased for cash B. sales of product, for cash C. cash paid for purchase of equipment D. dividend payments to shareholders, paid in cash
Which of the following would be considered a cash outflow for investing activities? a. cash paid to purchase product for inventory b. cash paid to reacquire common stock c. cash paid to repay debt d. cash paid to purchase equipment
What categories of activities are reported on the statement of cash flows? Does it matter in what order these sections are presented?
Classification of Cash Flows A company's statement of cash flows and the accompanying schedule of investing and financing activities not affecting cash may contain the following major sections: a. Operating Activities b. Investing Activities c. Financing Activities d. Investing and Financing Activities not Affecting Cash The following is a list of items that might appear on a company's statement of cash flows or in the accompanying schedule. Required: Using the letters A through D, indicate in which section of the statement of cash flows (or the accompanying schedule) the preceding item would most likely be classified. After each letter, indicate with a plus (+) or a minus () whether the item would be reported on the statement (or the accompanying schedule).
Which of the following financial statements should be prepared first? A. Balance Sheet B. Income Statement C. Retained Earnings Statement D. Statement of Cash Flows
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Which of the following accounts would be found in the Financing Activities section of the statement of cash flows? a.Inventory b.Income Taxes Payable c.Accounts Receivable d.Dividends
Which of the following would be classified as an investing activity on the statement of cash flows: a) Sale of PP&E. b) Sale of inventory. c) Proceeds from borrowing. d) Payment to lenders
Interest payments to creditors are reported in a statement of cash flows as Select one: a. An operating activity b. An investing activity c. A borrowing activity d. A financing activity
Paying cash to settle a salaries payable obligation will affect which section of the statement of cash flows?

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Which of the following would be classified as a financing activity on the Statement of Cash Flows? a) Paying employee salaries b) Selling equipment c) Issuing bonds d) Purchasing supplies