ions 41-48: Identify the section of using the following choices the Statement of

Question

ions 41-48: Identify the section of using the following choices the Statement of Cash Flows that each item appears in a Cash from Operating Activity b Cash from Investing Activity c Cash from Financing Activity Non-cash Investing or Financing Activity d. Not on the cash flow statement 41 Declared and Paid a Cash Dividend 43. Issuance of Common Stock for Cash 4 Loss From Sale of Land 5. Net Income . Purchase of Equipment for Cash Purchase of Treasury Stock for Cash Sale of Building for Cash e following choices for questions 49 to 50. External users: stockholders, creditors, and regulators. Internal users: officers and managers Prepare tax returns to file with the IRS Both a and b Financial accounting is used by Managerial accounting is used by

Explanation / Answer

41. Cash from financing activity

42. Cash from operating activity

43. Cash from financing activity

44. Cash from operating activity

45. Cash from operating activity

46. Cash from investing activity

47. Cash from financing activity

48. Cash from investing activity

49. External users: stockholders, creditors and regulators

50. Internal users: officers and managers

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