In the earlier article, we know that all the cash inflows and outflows in the statement of cash flow can be classified under the following categories:
(a) Operating activities
(b) Investing activities
(c) Financing activities
(d) non-cash flow adjustments
To refresh your understanding, the below questions asked you to put in the proper category:
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Question to Test Paper CF No. 1 |
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Test On Statement of Cash Flow Classification |
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(1) |
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Payment to suppliers of inventory |
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(2) |
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Payment of cash dividends to shareholders |
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(3) |
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Proceeds from the disposal of plant and equipment |
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(4) |
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Receipt of interest on a note receivable |
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(5) |
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Sale of land for cash |
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(6) |
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Purchase of plant and equipment |
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(7) |
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Dividend received from associate |
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(8) |
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Expenses relating to disposal of associate |
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(9) |
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Issuance of share capital for cash |
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(10) |
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Investment in associate |
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(11) |
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Payment of interest on a fixed term loan |
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(12) |
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Collections of cash from our customers |
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(13) |
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Payment of utilities |
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Refer Answer To CF No 1 |
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