Operating Activities

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Computer issues common stock for cash

Financing

Electric company pays cash dividends to stockholders

Financing

What are things that happen in a Financing Activity?

In which of the 3 activities do these occur? - Borrow money, record liability, pay loan - Issue/sell stock, repurchase used stock - Pay dividends to stockholders

What are things that happen in an Operating Activity?

In which of the 3 activities do these occur? - Manufacturing - Distributing - Marketing

What are things that happen in an Investing Activity?

In which of the 3 activities do these occur? - Purchase and sell long-term - Physical resources used in business PP&E - Purchase and sell investments

A clothing store receives cash from selling a display case that was used to display jeans in a store

Investing

An art gallery purchases a painting to hang in the business office. The painting is not purchased for resale.

Investing

Cab purchases new tires for cabs

Investing

Computer software store purchases a new computer to track sales

Investing

Furniture store purchases chairs for its staff lounge.

Investing

A retail jeweler purchases jewelry to sell to customers

Operating

An art gallery purchases a painting for resale.

Operating

C.P.A. office pays cash to advertise its services in a local newspaper.

Operating

Dentist office purchases magazines for the waiting room.

Operating

What are Financing Activities?

Which of the 3 activities obtains cash from an outside source?

What are Investing Activities?

Which of the 3 activities refers to cash spent on investments in capital assets?

What are Operating Activities?

Which of the 3 activities refers to the conduct business purpose of the entity?


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