HORNGREN'S FINANCIAL & MANGERIAL ACCOUNT
HORNGREN'S FINANCIAL & MANGERIAL ACCOUNT
7th Edition
ISBN: 9780136505273
Author: MILLER-NOBLES
Publisher: PEARSON
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Chapter 14, Problem 14.16E

Classifying cash flow items

Consider the following transactions:

a. Purchased equipment for $130,000 cash.

b. Issued $14 par preferred stock for cash.

c. Cash received from sales to customers of $35,000.

d. Cash paid co vendors, $17,000.

e. Sold building for $19,000 gain for cash.

f. Purchased treasury stock for $28,000.

g. Retired a notes payable with 1,250 shares of the company's common stock.

Identify the category of the statement of cash flows in which each transaction would be reported.

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