BUS-FP3061 Fundamentals of Accounting

Assessment 3, Part 1 Assessment Template

Instructions:
Classify each of the following cash inflows and outflows as operating, investing, or financing activities.

For each item in Column A, place an "X" in the appropriate inflow/outflow cell and cash flow activitiy cell.

Column A Inflow
1. Sale of a piece of company equipment.

2. Sale of common stock.

3. Payment to suppliers for merchandise purchased.

4. Payment to lenders for interest on note payable.

5. Sale of investments in other companies.

6. Purchase of land to expand plant size.

7. Payment to stockholders as cash dividends.

8. Sale of goods or services.

9. Payment to employees for wages and salaries.

10. Lending of money to other business entities.

11. Payment to government for property and income taxes.

12. Collection of principal on loans to other entities.

13. Interest and dividends received.

14. Issue of bonds to support company growth.

15. Purchase of investments in debt or equity of other entities.

16. Payment to other entities to cover expenses incurred.

17. Buyback of company stock from investors.

cing activities.

ow activitiy cell.

Outflow & Operating Investing Financing