for each of the following items tell whether it is a cash inflow or cash outflow and 541491
E9-1B. Identify cash flows (L.OI )
For each of the following items, tell whether it is a cash inflow or cash outflow and the section of the statement of cash flows in which the item would appear. (Assume the direct method is used.)
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for each of the following items tell whether it is a cash inflow or cash outflow and 541491
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Inflow or Outflow |
Section of the Statement |
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Item |
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a. Cash paid to vendor for supplies |
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b. Purchase of treasury stock |
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c. Principle payment on bonds |
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d. Interest payment on bonds |
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e. Cash paid for salaries |
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f. Cash from issuance of common stock |
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g. Cash dividends paid |
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h. Cash paid for rent and utilities |
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i . Purchase of computer for cash |
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j. Cash paid for company vehicle |
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k. Income taxes paid |
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