College Accounting - Study Guide / Working Papers 1-15
College Accounting - Study Guide / Working Papers 1-15
23rd Edition
ISBN: 9781337913560
Author: HEINTZ
Publisher: CENGAGE L
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Chapter 23, Problem 1SEA

SERIES A EXERCISES

IDENTIFICATION OF OPERATING, INVESTING, AND FINANCING ACTIVITIES The following activities took place during the current year. Indicate whether each activity is a cash inflow (+) or cash outflow (−), and whether it is an operating activity (O), an investing activity (I), or a financing activity (F).

(a) Proceeds from collection of principal amount of loans made to borrowers

(b) Cash receipts from the sale of goods

(c) Payments for interest on loans

(d) Payments of dividends to stockholders

(e) Payments to acquire investments in debt securities

(f) Dividends received on investments made in the stock of other corporations

(g) Repayment of the principal on loans

(h) Interest received on loans made to outside entities

(i) Salaries paid to employees

(j) Payments to acquire property, plant, and equipment and other productive assets

(k) Payments to purchase treasury stock

(l) Proceeds from the sale of common stock

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College Accounting - Study Guide / Working Papers 1-15

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