Try another version of this question The statement of cash flows categorizes like transactions for optimal reporting. Identify each item as a(n):
Cash Flow Items Classification Purchase of treasury stock Cash sale of land Depreciation expense Increase in Accounts Payable Loss on sale of land Payment of long-term debt Acquiring building for common stock Issuance of common stock Issuing a long-term note payable to borrow cash Increase in Prepaid Expense Acquiring equipment by issuing Note payable Decrease in Merchandise Inventory Decrease in Accrued Liabilities Increase in Salaries Payable Net Income Payment of cash dividend Cash Flow Items Classification Purchase of treasury stock Financing - Cash sale of land Investing + Depreciation expense Operating + Increase in Accounts Payable Operating + Loss on sale of land Operating + Payment of long-term debt Financing - Acquiring building for common stock Non-Cash Issuance of common stock Financing + Issuing a long-term note payable to borrow cash Financing + Increase in Prepaid Expense Operating - Acquiring equipment by issuing Note payable Non-Cash Decrease in Merchandise Inventory Operating + Decrease in Accrued Liabilities Operating - Increase in Salaries Payable Operating + Net Income Operating + Payment of cash dividend Financing -