Reporting classifications for statement of cash flows

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Reference no: EM131213812

Listed below are the reporting classifications for a statement of cash flows using the direct method for reporting operating cash flows. Indicate the reporting classification that would apply to each of the five transactions described below by placing the number of the reporting classification in the space provided by each transaction.

1. Investing Cash outflow Acquisition of equipment by issuing bonds payable. _

2. Noncash financing and investing activity Repayment of long-term debt by issuing preferred stock _

3. Noncash financing and investing activity Interest received on trading securities _

4. Investing cash inflow Cash sale of patent _

5. Operating cash inflow Loan of cash to a supplier in exchange for a six-month note receivable. _

Reference no: EM131213812

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