Chapter 21, Problem 1P

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:

1. a. Operating Activities
2. b. Investing Activities
3. c. Financing Activities
4. 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).