homework 12

homework 12 - Received cash from sale of land at a loss. 1...

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Question 1: Score 1/1 Your response Correct response QS 12-2: Transaction classification by activity L.O. C2 Classify the following cash flows as operating, investing, or financing activities. 1. Sold long-term investments for cash. 2. Received cash payments from customers. 3. Paid cash for wages and salaries. 4. Purchased inventories for cash. 5. Paid cash dividends. 6. Issued common stock for cash. 7. Received cash interest on a note. 8. Paid cash interest on outstanding notes. 9.
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Unformatted text preview: Received cash from sale of land at a loss. 1 0. Paid cash for property taxes on building. QS 12-2: Transaction classification by activity L.O. C2 Classify the following cash flows as operating, investing, or financing activities. 1. Sold long-term investments for cash. 2. Received cash payments from customers. 3. Paid cash for wages and salaries. 4. Purchased inventories for cash. 5. Paid cash dividends. 6. Issued common stock for cash....
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This note was uploaded on 11/19/2010 for the course BUS 120 taught by Professor Michecle during the Spring '10 term at Grossmont.

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homework 12 - Received cash from sale of land at a loss. 1...

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