Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Other - Business & Finance

Can anyone answer these?



For each of the following items, indicate whether it would be classified and reported under the
operating activities (OA), investing activities (IA), or financing activities (FA) section of a statement
of cash flows:
a. Cash receipts from selling merchandise
b. Cash payments for wages and salaries
c. Cash proceeds from sale of stock
d. Cash purchase of equipment
e. Cash dividends paid
f. Cash received from bank loan
g. Cash payments for inventory
h. Cash receipts from services rendered
i. Cash payments for taxes
j. Cash proceeds from sale of property no longer needed as expansion site

I refuse to do your work unless you want to send me about $300
I haven't studied accounting for 20 years but I will take a stab at it.
a) OA
b) OA
c) OA
d) OA
e) IA
f) FA
g) OA
h) OA
i) OA
j) OA
I hope this helps some, but remember I haven't studied accounting in a long time
basic knowledge of accounting
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