Chapter 5 - 5-23Activity(a)Cash collected from...

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Unformatted text preview: 5-23Activity(a)Cash collected from customers.Operating(b)Cash paid to suppliers for inventory.Operating(c)Operating(d)Cash received from issuance of stock.Financing(e)Cash paid for dividends.Financing(f)Cash received from bank on a loan.Financing(g)Cash paid for interest on a loan.Operating(h)Cash paid to retire bonds.Financing(i)Investing(j)Investing(k)Cash paid for property taxes.Operating(l)Cash received for dividend revenue.Operating(m)Cash paid for wages.Operating(n)Cash paid for insurance.Operating(o)Noncash(p)Depreciation expense for the year.Noncash(q)Cash paid to purchase machinery.Noncash(r)Cash received from the sale of land.NoncashChoose the correct answer from the drop down menu in Column D. Cash received for interest on a nontrade note receivable.Cash paid to purchase stock of another company as a long-term investment.Cash received from the sale of a business segment.Preferred stock retired by issuing common stock.Kelli OwensACCT 23105-24a $4,200 outflow in operating activities sectionb $60,000 outflow in investing activites section...
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This note was uploaded on 04/12/2011 for the course ACCT 2310 taught by Professor Santoshattar during the Fall '08 term at Cuyahoga CC.

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Chapter 5 - 5-23Activity(a)Cash collected from...

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