indicate in which section of the statement of cash flows or the accompanying schedul 610543

Classifications of Cash Flows – A company’s statement of cash flows and the accompanying schedule of investing and financing activities not affecting cash may contain the following major sections:

A. Net Cash Flow From Operating Activities

B. Cash Flows From Investing Activities

C. Cash Flows From Financing Activities

D. Investing and Financing Activities Not Affecting Cash

The following is a list of items that might appear on a company’s statement of cash flows or in the accompanying schedule.

1. Decrease in accounts payable

2. Payment of dividends

3. Increase in income taxes payable

4. Proceeds from issuance of note

5. Payment for purchase of available for- sale temporary investments

6. Amortization of premium on investment in bonds

7. Increase in prepaid expenses

8. Payment of note

9. Gain on sale of equipment

10. Proceeds from sale of land

11. Net income

12. Payment for acquisition of building

13. Depreciation expense

14. Issuance of common stock for land

15. Proceeds (principal) from collection of note

16. Amortization of discount on bonds payable

17. Decrease in deferred taxes payable

18. Proceeds from issuance of bonds

19. Issuance of stock dividend

20. Payment for purchase of treasury stock

21. Depletion expense

22. Increase in inventory

23. Conversion of preferred stock to common stock

24. Proceeds from issuance of stock

25. Lease of equipment under capital lease

26. Proceeds from sale of patent

Required

In the space provided and using the letters A through D, indicate in which section of the statement of cash flows (or the accompanying schedule) the preceding items would most likely be classified. After each letter indicate with a plus (+) or a minus (-) whether the items would be reported as an increase (inflow) or decrease (outflow). If an item would not be reported in the statement (or the accompanying schedule), put an X in the space provided.