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Test #2- Chap 12 & App C (i) Saved Help Save & Exit Submit...

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Accounting

Test #2- Chap 12 & App C (i)
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Classify the following cash flows as either operating, investing, or financing activities, assuming the indirect method.
\table[[Cash Flow,Activity],[1. Received cash from long-term debt issuance.,],[2. Paid long-term debt with cash.,],[3. P.aid cash for rent.,],[4. Issued common stock for cash.,],[5. Paid cash for wages and salaries.,],[6. Received cash interest on a note.,],[7. Paid cash for property taxes on building.,],[8. Paid cash for utilities.,],[9. Sold stock investments for cash.,],[10. Issued preferred stock for cash.,]]
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