State for each one wheather its an operating, financing, non cash or investing a

Question

State for each one wheather its an operating, financing, non cash or investing activity.

1) Loan from a bank or other financial institution is received.
2) Payment of accounts payable.
3) Purchase of machinery and equipment.
4) Collection of an accounts receivable.
5) Declaration of dividends to stockholders.
6) Sale of land and building.
7) Purchase/payments for inventory.
8) Sale of common stock to the public.
9) Interest received on a loan given to a customer.
10) Maintenance expenses caused by the use of machinery and equipment purchased above.

Explanation / Answer

1) Loan from a bank or other financial institution is received - financing 2) Payment of accounts payable – operating 3) Purchase of machinery and equipment. - investing 4) Collection of an accounts receivable. - operating 5) Declaration of dividends to stockholders. - financing 6) Sale of land and building. - investing 7) Purchase/payments for inventory. - operating 8) Sale of common stock to the public. - financing 9) Interest received on a loan given to a customer - operating. 10) Maintenance expenses caused by the use of machinery and equipment purchased above. - operating

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