LN05-ch5-LectureProblems-AFM101s10

LN05-ch5-LectureProblems-AFM101s10 - Chapter 5 Exercise 1...

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Chapter 5 – Exercise 1 (1 of 2) Complete the first two columns in the following table by indicating: 1. Whether each transaction would appear in the operating activities (O), investing activities (I), or financing activities (F) section of the statement or, if necessary, indicate that the transaction would not appear in any of these three sections of the statement (none), and 2. If the transaction would be reported on the cash flow statement as a positive (+) or a negative number (-). O, I, F, none + or - Transaction 1. Recording and payment of salaries and wages. 2. Proceeds from sale of bonds for cash. 3. Purchase of equipment for cash. 4. Cash purchases of office supplies.
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Chapter 5 – Exercise 1 (2 of 2) O, I, F, none + or - Transaction O - 1. Recording and payment of salaries and wages. F + 2. Proceeds from sale of bonds for cash. I - 3. Purchase of equipment for cash. O - 4. Cash purchases of office supplies. O
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This note was uploaded on 06/17/2011 for the course AFM 101 taught by Professor Kennedy during the Spring '08 term at Waterloo.

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LN05-ch5-LectureProblems-AFM101s10 - Chapter 5 Exercise 1...

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