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Tanya [424]
3 years ago
10

Indicate whether it would appear on the statement of cash flows as a(n): operating activity, investing activity, or financing ac

tivity.
a. Cash receipts from customers. choose a type of business activity
b. Issuance of common stock for cash. choose a type of business activity
c. Payment of cash dividends. choose a type of business activity
d. Cash purchase of equipment. choose a type of business activity
e. Cash payments to suppliers. choose a type of business activity
f. Sale of old machine for cash. choose a type of business activity
Business
1 answer:
Naily [24]3 years ago
4 0

Answer:

a. Cash receipts from customers.

Statement of cash flows: Operating activity

b. Issuance of common stock for cash

Statement of cash flows: Financing activity

c. Payment of cash dividends

Statement of cash flows: Financing activity

d. Cash purchase of equipment

Statement of cash flows: Investing Activities

e. Cash payments to suppliers

Statement of cash flows: Operating activities

f. Sale of old machine for cash

Statement of cash flows: Investing Activities

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sarah reports to work and clocks in at 8:00 a.m. each morning and leaves at approximately 4:30 p.m. all of her tools and supplie
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As Sarah reports to work and clocks in at 8:00 a.m. each morning and leaves at approximately 4:30 p.m she is most likely considered as an employee of the company.

An employee can be described as a person who works for an organization. An employee usually has a fixed working time just like Sarah has.

The supplies that are used for work are given by the company which is also the case for Sarah.

Each employee in an organization works under a supervisor who is answerable to the CEO. Sarah also has a supervisor who directs ad assigns her tasks.

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[The following information applies to the questions displayed below.] Laser Delivery Services, Inc. (LDS), was incorporated Janu
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a.

Date          Account Details                                  Debit                       Credit

                 Cash                                                $27,000

                 Common Stock                                                                 $27,000

b.

Date          Account Details                                  Debit                       Credit

                 Land                                                 $9,000

                  Notes Payable                                                                  $9,000  

c.

Date          Account Details                                  Debit                       Credit

                 Vehicles                                           $18,000

                 Cash                                                                                 $2,000

                 Notes Payable                                                                 $16,000

d.

Date          Account Details                                  Debit                       Credit

                 Vehicles                                               $800

                 Cash                                                                                    $800

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