Question:

Which one wil be reported under OA, IA, and FA, of a statement of cash flow?

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Cash receipts from selling merchandise

b. Cash payments for wages and salaries

Cash proceeds from sale of stock

d. Cash purchase of equipment

e. Cash dividends paid

f. Cash received from bank loan

g. Cash payments for inventory

h. Cash receipts from services rendered

i. Cash payments for taxes

j. Cash proceeds from sale of property no longer needed as expansion site

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1 ANSWERS


  1. a. OA

    b. OA

    c. FA

    d. IA

    e. FA

    f. IA

    g. OA

    h. OA

    i. OA

    j. IA

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