Matching Questions
1.For each transaction provided in items 1 through 12, select the proper section of the statement of cash flows in which it should be reported from the reporting categories provided below.
A. Cash provided/used by financing activities
B Cash provided/used by investing activities
C. Cash provided/used by operating activities
D. Disclosed in notes
1. Principal payment on long-term note payable
2. Customers paid cash for inventory items
3. Cash dividends paid to investors
4. Issuance of stock for more than its par value
5. Payment of employees' salaries
6. Issuance of common stock for cash
7. Payment of income taxes
8. Issuance of bonds at a premium
9. Sale of available-for-sale securities (long-term)
10. Purchase of equipment
11. Purchase of treasury stock
12. Sale of long-term investment
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