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Identify the following transactions as belonging to (i) Operating, (ii) Investing, (iii) Financing Activities, and (iv) Cash Equivalents: 1. Interest paid - Accounts

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Question

Identify the following transactions as belonging to (i) Operating, (ii) Investing, (iii) Financing Activities, and (iv) Cash Equivalents:

  1. Interest paid
  2. Interest received by a Company on its investments
  3. Dividend received
  4. Dividend paid
  5. Cash received from sale of goods
  6. Cash paid for purchase of Stock in Trade
  7. Salaries and Wages paid
  8. Debentures purchased
  9. Loan advanced
  10. Sale of fixed assets 
  11. Bank balance
  12. Short-term deposits in banks
  13. Bank Overdraft (I.SC. 2023)
  14. Marketable Securities
  15. Goodwill Written off
Classify
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Solution

Operating Activities Investing Activities Financing Activities Cash Equivalents
Cash received from sale of goods Interest received by a Company on its investments Interest paid Bank balance
Cash paid for purchase of Stock in Trade Dividend received Dividend paid Short-term deposits in banks
Salaries and Wages paid Debentures purchased Bank Overdraft Marketable Securities
Goodwill Written off Loan advanced    
  Sale of fixed assets    
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Chapter 13: Cash Flow Statement - PRACTICAL QUESTIONS [Page 13.105]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 13 Cash Flow Statement
PRACTICAL QUESTIONS | Q 1. | Page 13.105
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