202.Classify the following activities according to the appropriate section of the statement of cash flows.a. Operating activityb. Investing activityc. Financing activity____ 1. Cash received from a...

202.Classify the following activities according to the appropriate section of the statement of cash flows.


a. Operating activity
b. Investing activity
c. Financing activity


____ 1. Cash received from a one-time sale of used office equipment.
____ 2. Cash paid for dividends to stockholders.
____ 3. Cash received from customers.
____ 4. Cash received from owner contributions.
____ 5. Cash paid for utilities.
____ 6. Cash paid for a delivery van to be used in the business.

203.Explain the role of accounting in the information age.

204.What is the balance sheet? What is its purpose?

205.Identify the users and uses of accounting information.